Trade FINANCE
Letter of credit
A letter of credit is a document issued by a bank that guarantees payment to a seller on behalf of a buyer.
BANK AND TENDER GUARANTEE
A bank guarantee is a promise by a bank to cover a loss in case a borrower defaults on a loan.
PROOF OF FUNDS
Proof of funds is a document or statement from a financial institution that verifies an individual or entity has a certain amount of money available.
PRE-ADVICE SERVICES
Pre-Advice services are services offered by banks to inform the beneficiary of the details of a letter of credit before the shipping documents are presented.
BLOCKED FUND SERVICES
Blocked funds services are provided by banks that blocks a certain amount of funds in an account for a specific purpose.
BANK COMFORT LETTERS
A bank comfort letter is a document issued by a bank that assures a third party of the financial soundness of a particular individual or company.
READY, WILLING AND ABLE LETTERS
Willing and able letters are a document issued by a bank that confirms that an individual or company is financially capable of fulfilling a contract.
ESCROW SERVICES
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euro exim bank PRODUCTS
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euro exim bank how to apply for a bank instrument
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