Discounting the export letter of credit

For the companies benefitting of an irrevocable letter of credit payable on term issued by an agreed bank, EximBank makes available up to 100% of the receivable value (less the costs related to discounting operation).

Advantages:

• Collection of receivable before maturity;
• The operation is without recourse;
• Setting up liquidities – improvement of cash flow by collecting the receivable before its maturity;
• Simplified documentation;
• Rapidity and expedience.