Export – Financing With Recourse – Purchase of Shipping Documents – Bill of Exchange Discount

For exports of general goods after shipping of the goods. Exporters may sell the goods on a forward basis in foreign markets and collect in spot cash through the “purchase” of the relevant instruments by BNA.

Users

Companies having a credit relationship with the Bank

Currency

US Dollar

Term

Up to 360 days

Guarantee

At BNA’s discretion

Insurance

Natural Persons shall have life insurance in favor of BNA, for the debt balance.

Requirements

Assignment of rights through the endorsement of bills of exchange or assignment of rights to collect payment instruments.