Services

The services that FEE bank will present are as follow:

Documentary Collections

A more flexible service on facilitation of export or import operations.

Documentary Credit

Document of assurance that seller will receive payment when trading takes place remotely.

Short term, medium term, & long term trade finance

Generally covers the purchase and sales of goods.

Invoice Discounting & Factoring

A process dedicated for initial account setup and ongoing funding.

Bill of Exchange

Negotiable instrument for guaranteeing payment in accordance to specific terms.

Negotiation of documentary collection

Commercial documents on exported goods with collection schedule and bill of exchange.

Acceptance Credit

Documentary credit where beneficiary draws a usance bill for subsequent acceptance by the bank.

Negotiation of Drafts & Documents drown under Documentary Credit

Negotiation when presentation complies the T&C of documentary credit.

Assignment of Proceeds under a Documentary Credit

Pre-shipment finance offered to seller or supplier.

Produce Loan for Importers

A short term loan secured against a charge on the assets of company or bank guarantees.

Medium to Long Term Trade Finance

Used to finance capital goods and services.

Refinance

Replacement of debt obligation with another debt obligation under different terms.

Supplier & Buyer Credit

Short term credit available to importers from overseas lenders for imported goods.

Forfeiting

Financial transaction involving the purchase of receivables from exporters by a forfeiter.

Export Guarantee

Insurance policy that protects exporters against non-payment.