SOLUTION FOR EXPORTERS, IMPORTERS AND BANKS

What Exports Are Suited To Forfaiting?

Individual transaction minimum value of USD 100000/- with deferred credit terms of 90 days or more up to 7 years are ideally suited to Forfaiting.

Initiating A Forfaiting Transaction

Following information is required to give an indication on a specific transaction:

  • Country of destination / Importer
  • Name of Foreign Buyers
  • Name of Guarantor (Bank)
  • Total amount and currency of contract
  • Financing term and repayment schedule
  • Nature of goods to be exported
  • Likely date of shipment