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Trade financing
Finance from not expensive international resources by opening letters of credit
Who can use
Small and medium-sized enterprises (legal entities and individual entrepreneurs) engaged in foreign economic activity
Post-import financing
• Financing of import contracts of customers where payment method is letter of credit opened by PASHA Bank in favor of the exporter on behalf of a client-importer
• The distinctive feature of the usual trade finance transaction is that the opening of a letter of credit is made without cash collateral requirement. Payment to the exporter is made from internationally attracted funds, and the importer is granted with grace period for repayment
The advantages of post-import financing
Inexpensive financing
Possibility of long-term financing - capital investment
Delivery on more favorable terms - due to payment upon delivery
The risks under the delivery of goods are eliminated
Provision of guaranteed payment to the supplier for the goods delivered
Comprehensive support of transaction by bank specialists
Post-export financing
• Financing of export deliveries of customers, the form of settlement of which is a letter of credit opened in favor of the exporting client and confirmed by PASHA Bank
• The foreign issuing bank opened a letter of credit makes its payments on the letter of credit within the period determined by the terms of the post-export agreement between PASHA Bank and the issuing bank (which is the source of repayment of the debt of the exporting client)
Advantages of post-export financing
Exporter's competitive advantage - deferred payment for the buyer
Liquidity - payment upon delivery of goods
Elimination of the risks of payment for goods
Lack of strict requirements for the provision of collateral security
Comprehensive support of transaction by bank specialists
Terms of international trade financing
• Minimum amount of funding - 50,000 EURO/USD
• Maximum amount of financing - 100% of the contract
• Financing term - as a rule, up to 12 months (with the possibility of considering a longer-term period when financing capital investments)
How to get international trade financing?
Submit an application to the Bank’s branches or submit an application on the website
Provide a package of documents for consideration
Apply or place a request
For additional information please contact PASHA Bank Business Centers, Contact Center at (994 12) 496 50 04 /*8123 or customer.care@pashabank.az email address.
