CHF
EUR
GBP
USDExport financing with insured risk
Objective
- Purchase of raw materials (imported or local) to be used for production of export goods;
- Purchase of goods to be exported.
Amount
As negotiated with a view to company’s projects.
Term of debt liquidation
No more than 36 months
As negotiated with a view to company’s projects.
Term of debt liquidation
No more than 36 months
Servicing
According to the type of credit:
- With monthly contributions covering principal and interest amount and a grace period of no more than 3 months.
- In the conditions of reducing credit ceiling for the last months of the period negotiated.
Annual interest rate
Basic Interest Rate + extra as negotiated;
Preferential interests for customers that have serviced in a timely manner at least one credit granted by the Bank.
Basic Interest Rate + extra as negotiated;
Preferential interests for customers that have serviced in a timely manner at least one credit granted by the Bank.
Specific application documentation
- (Draft) Export contracts;
- (Draft) Contracts on products/raw materials purchase;
- Documents evidence for two successful export deals: commercial contract, customs declarations, payment documentation, transport documentation, concluded insurances etc.
Security
- Insurance policy issued by „BAEZ” EAD, covering the relevant commercial and/or non-commercial risk.
- Assets of the company or third liable parties. Their market evaluation is to be made by a certified assessor approved by the Bank.
Feesandcommissioncharges
As fixed in Tariff of INTERNATIONAL ASSET BANK AD
As fixed in Tariff of INTERNATIONAL ASSET BANK AD
Supplementary conditions
- Bank servicing of company’s operations on accounts opened with International Asset Bank AD.
- The company has a business history of no less than 12 months.
- The amount of credit and the specific terms thereto are determined on the grounds of a business project.
- Insurance of the security in favor of the Bank until credit payment.
- Possibility for advance servicing without a penalty charge.
Supplementary services
- Opening of card accounts to the officers and the employees of a company for direct payroll transfer.
- Possibility for overdraft with card accounts.
Possibility for deposit accounts with flexible operation of the financial resources.