SHORT-TERM TRADE FINANCE
We support you with short-term export finance
You import goods or export them to a customer abroad and would like to be certain that you will be paid? The basic solution here is the letter of credit or a guarantee from the buyer’s bank.
In the case of an export letter of credit your business partner abroad receives from his bank against payment of the agreed purchase price the documents that are needed to collect the goods. DZ BANK can confirm this export letter of credit for you so that you can be more certain that you will be paid. Have you agreed a so-called grace period with your buyer? If so, we shall be pleased to offer you discounting or forfaiting for it.
You can also agree on a bank guarantee as security in the purchase contract. In this caseDZ BANK issues under the counter-guarantee of a foreign bank a guarantee in you favour ensuring payment of the agreed purchase price.