Operate with ease, liquidating immediately your documentary letters of creditEnhance your business liquidity by eliminating the waiting times for payments from buyers from abroad, with Alpha Bank's Prepayment of Exports' Documentary Letter of Credit.
With this product, being the Bank's beneficiary Customer, you receive the value of the bills of lading you have presented as prepayment, as partial or total execution of the future Exports' Documentary Letter of Credit, certified by Alpha Bank.
- The issuing Bank must be of acceptable risk by Alpha Bank
- The presentation of the bills of lading has to be in agreement with the terms and rules of the Documentary Letter of Credit and the issuing Bank must accept them
- The prepayment term cannot exceed one year.