Back-to-back Documentary Credit

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Helps to protect your control over relationships with trading partners.

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Features and benefits

A capital efficient payment method

A safe and convenient way to settle trade transactions

Reduces payment risk by dovetailing sourcing and sales transactions to avoid discrepancies

Enables you to use an existing Documentary Credit (DC) as collateral

A more flexible payment option than Transferable DCs

Helps to protect your control over relationships with trading partners

Keeps buyer and supplier details confidential so you can maintain your commission income

How it works

Back-to-back Documentary Credits (DCs) are used by traders, middlemen and buying agents. A Master DC is issued by your buyer and is payable to you. Based on this master, you issue another DC, known as a back-to-back DC, to purchase goods from your supplier.

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Disclaimer:
Global Trade and Receivables Finance transactions may be subject to credit approval. Other restrictions, including specific country regulations, may apply. Foreign currency exchange rates may apply to certain trade transactions.

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