Trade Finance
Limit the trade risk and find the best solution for your business transactions together with UniCredit Bank.
UniCredit Bank, as a stable and globally recognised partner, is pleased to offer a new product to both the existing and future counterparts, to satisfy their requirements and expectations. Receivables financing is a specific form of supplier financing provided by UniCredit Bank based on the supplier’s quality, undue receivables owed by buyers for delivered goods and/or provided services. This way UniCredit Bank enables companies to remain focused on their core activity, rather than on the collection of receivables.
We would like to establish a long-term business cooperation based on the mutual trust.
What is receivables financing?
Key Benefits
Key Terms
For further details please contact UniCredit Bank Structured Trade and Export Finance Unit: ReceivableFinance@unicreditgroup.ba
Boost your liquidity, limit the trade risk and find the best solution for your business transactions together with UniCredit Bank.
Letter of Credit (LC) is a payment instrument, which represents a bank’s written obligation, undertaken at a request of the bank's client, to pay a certain amount of a specified currency to the beneficiary, provided the beneficiary submits to the bank precisely required documents showing that goods were delivered or services provided within a certain time period.
Letters of Credit are subject to Uniform Customs and Practice of the International Chamber of Commerce (ICC) Paris.
UniCredit Bank is a leading institution with internationally certified specialists who will provide you with the best quality service in LC-related business (both documentary and stand-by). In addition to LC processing in accordance with ICC rules, we provide expert assistance in completing an LC Issuing Order, drafting a wording of an LC , checking of documents under export and import LC, and we also organise presentations for clients and their partners.
When to use a documentary letter of credit?
A transaction which results from a purchase or sales of goods becomes much more complex due to the following reasons:
- the buyer and the seller are not in a personal contact during the payment and the delivery of goods because they are separated by natural and legal borders
- the time period necessary for transportation of goods extends the sales transaction
- the customs formalities are necessary
- various types of risks may be involved (political, currency, etc.)
What is forfaiting?
Purchase of receivables under confirmed/unconfirmed export Letters of Credit with deferred payment represents a model of financing the exporter.
Use forfaiting under an Export LC to convert your receivables to cash and improve your liquidity!
Collection (Clean and Documentary) - Seller's order instructing the bank to deliver the submitted documents to the buyer via a correspondent bank in the buyer's country, provided the buyer pays immediately or accepts the draft drawn to him.
For further details please contact UniCredit Bank Trade and Export Finance Unit: Tradefinance@unicreditgroup.ba
A bank guarantee is an irrevocable obligation of the bank-guarantor to pay upon first written demand to the beneficiary the amount due within a specified maximum and in accordance with he guarantee terms, in the event that a third party failed to comply with the underlying contract.
UniCredit Bank, as a stable and globally recognised guarantor issues both local and international guarantees as a security in various types of business transactions – from construction and sale contracts to the settlement of financial liabilities, such as loans and their repayment.
UniCredit Bank is a leading institution with internationally certified specialists who will provide you with the best quality service in guarantee-related business both in the country and abroad.
A bank guarantee is a reliable security instrument in either domestic or foreign trade. It mitigates various types of risk:
- the risk related to potential counterparty insolvency or non-payment
- the risk related to breach of contractual obligations
- the risk related outside the trade and services
- Cost-cutting
For further details please contact UniCredit Bank Trade and Export Finance Unit: Tradefinance@unicreditgroup.ba
Our products for Financial Institutions are available to insurance and leasing companies, as well as microcredit organisations, but not to banks.
If you are a banking institution, please send your inquiry to our Correspondent Banking contact address: correspondentbanking@unicreditgroup.ba
