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Letter of credit discounting

Import letter of credit discounting

Offer your suppliers access to letter of credit discounting and improve the cash flow of your business.
Book an appointment

Better cash flow, competitive payment terms

Liquidity boost
Make the best of your available funds up until the letter of credit maturity date.
Control over payments
Meet the agreed-upon payment date and organise your cash flows more efficiently.
Stronger negotiating position
Offer faster payment to your suppliers and negotiate better commercial terms.

How import letter of credit discounting works

Find out how letter of credit discounting works for the beneficiary.

  • Provided you are an import business, you agree to buy goods from a foreign supplier under a deferred letter of credit

  • We issue a letter of credit (LC) upon your request and undertake to pay the value of the goods to the exporter.

  • The exporter presents the necessary documents (bills of lading, invoices, etc.) and demonstrates they have fulfilled the transaction terms.

  • We pay the value of the goods to the exporter in advance, without waiting for the agreed upon future payment date.

  • You pay back the amount to Alpha Bank on the date specified in the deferred letter of credit.

  • You’ve already paid the costs (expenses, fees, interest) during the discounting period.

How it helps your business

See how your day-to-day business becomes easier and strengthen your position in the global market.

Control over your working capital

  • Offer better terms to your suppliers without placing stress on your working capital.
  • Use your available funds for longer.
  • Control your cash flows more efficiently.

For better commercial terms

  • Leverage the bank’s credibility in your business relationships.
  • Strengthen your negotiating position with foreign suppliers.
  • Enhance your competitiveness by offering better payment terms.

Find out how to get letter of credit discounting

Have a look at the conditions for getting import letter of credit discounting.

Explore other options

Find other products that may interest you.

For imports and exports

Letters of credit

Freight insurance

Cargo coverage for in-transit risks

With business web banking

Simple import payments

Alpha Web International Trade

International trade e-services

Any questions?

Find the answers you need about import letter of credit discounting.

How much does import letter of credit discounting cost?

The cost depends on the Euribor reference rate/SOFR + spread, based on your relationship with the bank.

When is my supplier paid with import letter of credit discounting?

When they present the shipping documents and prove they have fulfilled the terms of the transaction.

What happens if there are discrepancies in the shipping documents when I proceed with import letters of credit discounting?

We notify you, and your either accept the discrepancies and carry on with the transaction or reject them and the transaction is cancelled.
View all the FAQs

Boost the liquidity of your business

Book an appointment today at a branch near you and find out how you can pay your suppliers in advance without placing stress on your working capital.
Book an appointment