Sky T/S service
All-in-one Export Financing service
Auto-link Export Insurance Service
One-stop Cargo Insurance Service
Trusted Export Credit Guarantee Issuance service
Export Bills Purchase System after Acceptance
Letter of Credit Transaction Information System via Internet
Export Document Tracking service
What is Export Bills Purchase System after Acceptance?
It is export support service for a small and medium business, in which KEB collects and inquires a L/C issuing bank on D/A (shipping documents) issued in accordance with Usance L/C issued by a small and medium business lacking collateral, and purchases D/A before the expiration date and pays to an exporter for an export amount when informed of acceptance by an overseas L/C issuing bank.
Subject
D/A based on Usance L/C
Transaction Procedure
Good points are as follows.
D/A collected due to reasons of a flaw can be purchased and converted to collect an export amount early.
A risk of exchange until the expiration date can be avoided since an export amount can be collected early.
A risk of paying for a high Interest rate on nonpayment due to purchase of shipping documents with a flaw before collection and occurrence of nonpayment can be eliminated.
It is extract financing support service that does not require collateral or guarantee.