Features:
- Discount Bill of exchange with export documents under bill collection means SHB Laos pays in advance the value of goods exported under bill collection with export document method while waiting for deferred payment from importing partner/foreign banks in order to meet demand for working capital turnover of customers.
- Discount term: Following regulations of SHB Laos from time to time
- Discount rate: Following receivable’s value.
Benefits:
- Meet capital demand of customers immediately after goods delivered;
- Accelerate working capital turnover and boost capital efficiency;
- Carry out safe transaction with foreign partners, avoid extra cost in case of any errors in export documents;
- Flexible loan tenor;
- Free consultation for documentation;
- Express document processing.
Target customers:
- Beneficiary exporters who meet required conditions of the product and wish for discount bill of exchange with export documents under bill collection service.
Application:
- Legal documents of customers
- Financial documents of customers
- Application form
- Full export documents with original bill of exchange
- International trade contract
- Letter of sending documents for collection
- Entrustment contract (in case of entrustment export)
- Export permit/quote (in case a permit is required)