| Export documentary credit |
Means of payment for exporters |
Securing a receivable against foreign purchaser risk |
A payment commitment by the purchaser's bank to the seller |
Asia, the Middle East, Africa, South America |
| Confirmed documentary credit |
The seller's bank adds its payment commitment to a documentary credit |
Securing a receivable also against foreign country and bank risk |
In addition to the purchaser's bank, the seller's bank commits to payment |
Asia, the Middle East, Africa, South America |
| Documentary credit financing |
Financing through a confirmed documentary credit with a term of payment |
Converting an export receivable into cash at the shipping stage |
Inexpensive financing without additional collateral |
Asia, the Middle East, Africa, South America |
| Export collection |
Means of payment for exporters |
Securing an export receivable |
Works best if the transport document to be collected is a bill of lading |
Asia, the Middle East, Africa, South America |
| Guarantees for export trade |
Demand guarantees for exporters |
Security requirements such as performance & maintenance period guarantees, advance payment guarantees |
The bank guarantees payment or performance on behalf of its customer |
All |
| Standby letter of credit |
Bank guarantee in the form of documentary credit |
Various purposes as security, for example for the payment of a sales price |
The bank commits to payment on first demand on behalf of its customer |
Particularly the USA, Canada and South America |