What is Forward Export Financing?
This is a financing product that allows our exporter customers, who receive their payments through deferred letters of credit, to collect their receivables from our bank in advance before the maturity date of the letter of credit.
Why Should I Use Forward Export Financing?
- You can collect the documentary value of a future-dated letter of credit before its maturity.
- Provides financing without using your credit limit.
- Does not require extra costly collaterals.
- Increases your Liquidity and Competitive strength.
- The cost of financing is learned in advance with certainty.
- The time between the sale of goods and collection is decreased.
- All exporters who wish to provide maturity to their buyers abroad and who meet the appropriate conditions will be able to benefit.
- Financing is realized based on the payment confirmation of the importing bank.
- Financing is provided without requiring a company limit and collateral.
- The documentary value of a future-dated letter of credit is collected before maturity.
- Provides financing without recourse to the importer.
- Your transactions are completed within the framework of interest-free banking principles.
Required Documents for Using Forward Export Financing
You can obtain detailed information from the nearest branch.
