What does discounting an export letter of credit mean?
Discounting is the financing of a receivable arising from an export letter of credit, before the payment becomes due.
What are the advantages of discounting an export letter of credit?
Improving cash flow. Funds available for current operations, new orders, supplier payments. Quick access to liquidity without ...
What conditions must be met for BT to discount an export letter of credit?
Eligibility depends on the characteristics of the letter of credit, the issuing bank, and BT's analysis. BT specialists can provide personalized details: ...
How can I protect my business against non-payment on exports?
Through instruments such as letters of credit, bank guarantees, or other Trade Finance solutions, BT can help you choose the right option depending on the country, ...
What is the safest payment method in international trade?
There is no universal solution, but the letter of credit is considered one of the safest methods. The choice depends on the level of trust, the amount ...
How can I obtain financing based on an export letter of credit?
If you are the beneficiary of an export letter of credit, you can discuss the available financing options with BT specialists.
Cum particip la o licitație folosind o scrisoare de garanție bancară?
The organizer usually requires a participation guarantee. BT can issue a letter in accordance with the tender requirements.
How can I guarantee the payment of an advance to a foreign supplier?
By the advance payment guarantee. It protects the buyer when advance payments are made.
Where can I check my Direct card balance?
Your available balance is just one click away! Check it here. The balance is also available in the BT Pay app. Open the app, and under ...
I want to shop but I have no available balance left. What should I do?
You can visit BT Direct representatives in selected Dedeman or Carrefour stores, and after reviewing your request, you will find out if you qualify for a ...
What happens to BT Ultra and why switch to BT Go?
The BT Ultra app will be replaced by BT Go, the business banking platform. We know the transition comes with challenges. We have committed to this path and we ...
How do I find out if my company needs to switch from BT Ultra to BT Go?
Your company will receive a notification from BT, with information about the migration and the steps you need to follow, if applicable.