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).
- 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.