Special Trade finance
Special Trade finance
Quickly Convert your receivables into Cash by short term fixed rate funding.
Riyad Bank’s Special Trade Finance Products enables you to access funds and convert your trade receivables into cash.
Special Trade Finance from Riyad Bank is when you sell your outstanding import or export bills for a discounted price.
- LC Bill discounting: Riyad Bank offers to discount bills under Letters of Credit issued by main stream banks at competitive pricing, so that you get the payment for your supplies before the due date, without affecting your fund based credit facilities.
- Buyer’s/Supplier’s Credit Financing: Riyad Bank can structure buyer’s and supplier’s credit financing for your trade transactions so that the receivables can be converted into cash at an early stage of time