| Forex Guarantees |
| · You've read about an international bid that interests you and you wish to take part. According to the requirements, you must provide a bank guarantee, along with the other documentary requirements. · You've signed a contract for delivering goods to a buyer abroad. The contract obligates you to present a bank guarantee to ensure the down payment and/or execution guarantee. · You've completed a project abroad and, in order to receive final payment before project inspection and approval, you are required to present a bank guarantee. | Solution: Contact the international trade center at +972-3-519-6080 |
| Financing Export Deliveries |
| You have just finished shipping a delivery to your customer abroad. The relevant documents were sent to him directly or to his bank. According to the agreement, consideration will be paid in 3 months. In the meantime, you are in need of cash for continued operations and you seek financing based on the expected revenues. | Solution: Contact your banker at the branch and together, we will find the solution most suitable for you |
| Documentary Credit |
| You are about to receive documentary credit in your favor. However, you do not feel sufficiently confident regarding the stability of your customer's bank/country and you wish to minimize this risk. | Solution: Contact the international trade center at +972-3-519-6080 |
| Documentary Credit Discounting |
| You have received documentary credit in your favor in relation to a certain transaction. You have already supplied the merchandise and received confirmation from a foreign bank regarding the future payment due to you. You wish to receive payment immediately. | Solution: Contact the international trade center at +972-3-519-6080 |
| Factoring |
| If you have credit insurance for future payments by foreign buyers and you wish to convert the future liabilities into cash. | Solution: Contact the export and foreign trade financing unit at +972-3-519-6971 |
| Financing Equipment/Investment/Project Export Transactions |
| · You wish to participate in a bid, one of whose basic requirements is a "long term financing package". · You are about to sign an equipment sales agreement or project contract abroad. All of the details have been settled, except the long term financing package required by your customer. | Solution: Contact the export and foreign trade financing unit at +972-3-519-6971 |
| Complex Foreign Trade Transactions |
| You have finalized a deal with a buyer. To perform the transaction, you must issue guarantees in his favor, finalize the documentary credit form opened in your favor and comply with the requirements set forth by the suppliers from which you will acquire the necessary materials. You feel the need for support from a professional in these fields to accompany you while formulating the transaction until its completion. | Solution: Contact the export and foreign trade financing unit at +972-3-519-6971 |