Discounting of bills of exchange and promissory notes
The purchase by the bank of the promissory notes and/or bills of exchange
- Possibility of collecting the receivables before the maturity of the instruments (promissory notes/bills of exchange)
- Fluidization of payments
- Continuity in carrying out current activity
- We offer you assistance with drafting the documentation
Features
✔ Beneficiaries: corporate customers, legal owners of trade bills (bills of exchange or promissory notes) desiring collection of the relevant amount before maturity
✔ Destination: depending on the requirements of the customer or for the settlement of any payments, in compliance with the legal provisions
✔ Currency: lei and/or foreign currencies
May take the form of:
- individual discounting (one or more promissory notes/bills of exchange submitted for discounting at the same time)
- revolving discounting (approved ceiling under which several promissory notes/bills of exchange may be discounted)