Background
Trade finance products are among the most popular in banking practice and include credit and documentary instruments for exporters and importers. The relevant instruments offered by IBEC may also be of interest to companies implementing projects / transactions in the local markets of the IBEC member countries.
Trade finance is one of the main activities of the Bank. IBEC works with standard trade finance products with risk acceptance for an exporter or importer and being able to carry out not only short-term, but also long-term operations.
Products
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Business process
Credit and documentary products
01
Application to IBEC (indicating the type of instrument, amount and term of the operation, details of the participants)
02
Analysis of the application, indicative terms and conditions, request for more information (if necessary)
03
Negotiation of indicative conditions, provision of information (if requested)
04
Approval of the transaction by the Bank and the Client
05
Documentation execution (including security documents)
06
Deal implementation
Other products
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