TRADE FINANCE

Letter of bank guarantee

Exim Banca Romaneasca offers letters of guarantee for auction participation, payment guarantees, performance bonds, for technical guarantee/upholding, for downpayment return and taxes payment. Letter of counter guarantee are added to the above, issued in favor of another bank, as a support for issuance of letters of guarantee or for granting other ...

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Discounting the export letter of credit

For the companies benefitting of an irrevocable letter of credit payable on term issued by an agreed bank, Exim Banca Romaneasca 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 – imp ...

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Documentary letter of credit

Exim Banca Romaneasca takes the irrevocable commitment in the name of the client or of the importer to pay the exporter the counter value of some documents proving the goods delivery or the service performance. Advantages: It the safest payment instrument for all parties involved (buyer, seller, issuing bank); Adaptability to various forms of inter ...

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Incasso

Exim Banca Romaneasca dispatches the commercial documents (invoices, transport documents) and/or financial ones (bills of exchange, promissory notes) according to the instructions received from the exporter to receive the payment/payment acceptance of the importer.  Advantages: The exporter retains control over the goods until the payment performa ...

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