E.SUN bank maintains credit lines for our correspondent banks worldwide. Based on these relations we are in a position to discount / forfait their obligations taking credit risk of the importer's bank, as well as the political risk of the country where the importing company is located.
How does it Work
We provide non-recourse financing of trade receivables typically secured against.
- Undertaking by the issuing or confirming bank under usance L/C.
- Accepted commercial drafts avalised by a bank under document against acceptance (D/A).
- Sovereign and large/multinational corporate payment instruments (promissory notes/bills of exchange).
What is Benefit
- Providing evaluation on credit risk of the banks operating in certain markets.
- Ensure flexibility that product can easily be modified to suit your particular requirements.
- Help you and your customer extend credits to certain market taking advantage of new market opportunities.