Export finance

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Export finance

Techcombank provides negotiation products according to LC/ Collection/ TTR in advance

Features

Features

  • TCB purchases export documents (including/excluding drafts) by LC method; or Export statement with draft by Collection/TTR prepaid; by advance payment to the beneficiary on/before the payment due date of that set of documents.

  • Applicable to BCT with recourse negotiation by LC/collection/TTR prepaid & recourse negotiation by LC method.

  • Negotiation rate up to 100% of document value.

  • Flexible negotiation period according to the type of negotiation.

Benefits

Benefits

  • Receive cash advance upon presentation of appropriate document, optimize working capital, increase liquidity of document.

  • Low financial cost.

  • Improve the negotiation ability of the customer in the form of deferred payment of credit to the Buyer.

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