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Why should an exporter forfait bank guaranteed receivables?

April 26, 2017Bank exporter forfait guaranteed receivables

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Why should an exporter forfait bank guaranteed receivables?

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All the risk associated with the payment of such transaction at maturity, i.e. bank risk, country risk, transfer risk and exchange rate risk will be taken by the buyer of such transaction. The exporter will receive cash, enabling him to further use such money and to improve his balance sheet.