Discounting

Release the cash you need
to trade successfully

With international trade, payment terms may be greatly extended, due to shipping timescales and other factors. At the same time, raising cash to meet orders and pay for goods and services can put pressures on your finances.

Our Discounting solutions are individually tailored to answer these problems.

How does Discounting work?

Discounting can release cash against specific international trade documents and instruments. These may be promises to pay, such as Bills of Exchange or Promissory Notes, or documentation issued by the buyer's Bank such as Letters of Credit (L/Cs).

Either way, solutions are available for buyers and sellers, and we will work with you to provide an appropriate option for your needs. We can even provide added comfort (or commitment) by agreeing to make payment when trade documents or instruments are delivered to us.

Key benefits

For sellers:

  • Accelerated cash flows - the solutions enable exporters to meet their working capital requirements and finance new customer orders
  • Identify and manage the risks - with these solutions and the support of our international specialists, you should find it easier to handle the risks associated with international trade

For buyers:

  • Strengthen trading relationships - the ability to offer early settlement to the seller can strengthen trading relationships and provide opportunities to negotiate more favourable terms