Recursos e ferramentas para ajudar sua empresa a expandir globalmente

Financing operations

Santander Bank Polska offers a wide range of financial products tailored to the needs of each customer and the nature of the transaction.

Forfaiting – purchase of export receivables without recourse

Forfaiting allows to mitigate the risk of transactions and improve the financial liquidity of enterprises owing to which, exporters strengthen their market position.

  • In addition, forfaiting helps to increase the financial liquidity of enterprises.
  • Mitigation of the risk of delayed payment or non-payment, of the credit and political risk of the importer’s country as well as the risk carried by the transfer of funds and interest rate.
  • Limitation of the fx rate risk to the period calculated from the day of concluding a trade contract to the date of purchasing receivables.
  • More attractive market position owing to the possibility to offer deferred payments to importers.
  • Forfaiting is the quickest and cheapest method of financing transactions.
  • Conditions are negotiated individually.
  • Possibility to execute payments before the date set out in a given contract.
  • Forfaiting consists in Santander Bank Polska purchasing export receivables with deferred payment terms, secured by a L/C issued by Santander Bank Polska or by own or banker’s B/E guaranteed by the bank whose risk is accepted by Santander Bank Polska. The amount of paid out receivables is reduced by discount interest due to the Bank.
  • It is possible to finance up to 100% of the value of receivables with payment terms deferred up to 1 year.
  • Forfaiting is not included in the credit exposure limit.