Facilities for Foreign Trade Financing

Choose the Foreign Trade Financing Facilities

Letters of guarantee, in their various forms, are non-cash facilities offering insurance of payment to their beneficiaries. Their maturity is variable, correlated with the related transaction, and the collaterals can come as cash, pledges, mortgages on immovable and movables.

The letters of guarantee from Garanti BBVA can protect its beneficiaries and offer a lot of benefits

It’s super easy to get it

You can visit one of the Garanti BBVA agencies or contact us via e-mail at contact@garantibbva.ro

The Documentary letter of credit is an unconditional commitment to pay offered to the exporter by the importer’s bank. Normally, the exporter receives the documentary letter of credit before delivering the goods. Guaranteeing the payment is conditional upon submission of documents for export in accordance with the terms and conditions of the letter of credit. The maturity of these letters is variable, correlated with the related transaction. Collaterals can mean cash collateral, pledges, mortgages on immovable and movables.

The Documentary letters of credit from Garanti BBVA can offer the following certainties

The buyer has the certainty that the payment of goods/services will be made only against documents attesting the sending and strictly complying with the terms and conditions of the letter of credit
The beneficiary (the seller) has the certainty to collect the value of the goods/services as agreed conditions were met exactly
Confidentiality and promptness in carrying out operations stipulated by the letter of credit
Attractive commissions both for import and export transactions

It’s super easy to get it

You can visit one of the Garanti BBVA agencies or contact us via e-mail at contact@garantibbva.ro

Using the Documentary collection, the exporter gives stricter control over the assets and increased security for the payment. Documents for goods exported are passed to the importer’s bank through the exporter’s bank.

The Documentary collection from Garanti BBVA can improve and secure the process of trading goods