Trade Finance

Trade Finance – financing of trade operations of your company with the use of different documentary instruments

Trade Finance – financing of trade operations of your company with the use of different documentary instruments

Key benefits of Trade Finance:

• Taking advantage of documentary instruments (Documentary Letters of Credit, Bank Guarantees, Stand-By Letters of Credit)
• Reduction in working capital saving
• More attractive cost of financing in comparison with utilizing standard loan facilities because of procurement of funds in international capital markets

Import financing

• Letters of Credit Post-financing
  Post-financing is a a loan provided by Banca Intesa to the Customer for a definite period of time in the amount necessary to effect payment under issued Letter of Credit.
• Discounting of Documentary Letters of Credit
  In case if L/C is available by deferred payment and the Seller (the beneficiary) would rather receive payment under L/C immediately, the Seller may work with nominated/confirming bank under L/C and ask for discounting of documents amount presented under L/C.
  Discounting is the payment of documents complying with the terms and conditions of the Letter of Credit executed by the Confirmed/Nominated/foreign bank to the Supplier earlier than the maturity date under Letter of Credit while the Applicant/Buyer effect payment at the maturity date under Letter of Credit.
• Buyer’s Credit under insurance coverage of foreign export credit agencies as well as ECA of Russia (EXIAR).

Export financing

• Seller’s Credit under insurance coverage of EXIAR (ECA of Russia),
• Discounting of Documentary Letters of Credit,
• Pre-Export Financing (assignment of rights under Documentary Letter of Credit).

Presentation - Trade Finance and Documentary operations

Contact details

For getting more information in relation to Trade Finance and/or Documentary operations please, send your request to the following email: trade_finance@bancaintesa.ru