What is the purpose of the product?
The credit is being provided to foreign trade stock corporations (FTSC) and sectorial foreign trade companies (SFTC) for their financing needs regarding to their export businesses.
What is the company limit?
In the scope of this program, the limit is being determined on USD basis by the respective credit committee, which is created in the course of the decision of the board of directors or the board of directors themselves on company basis. The limits determined by the committees can be revised if necessary during the year.
What is the threshold for this transaction?
There is no threshold for this transaction.
How long is the term?
Maximum 360 days.
How much does it cost?
The credit interests, which have to be applied, are being determined in accordance to the credit term.
Who is eligible?
Foreign Trade Stock Corporations (FTSC) and sectorial foreign trade companies (SFTC) can benefit from this credit program.
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