Corporate Service Home > Corporate Service > Cross border business services > Import Finance
Back
-
Trust Receipt
2021-10-18 14:38:36
Trust Receipt (Import Financing) is a short-term international trade credit to enhance liquidity for business, a service in which KBank pays for goods for importers before they get payment from their sales.
Importers can benefit as they can have the funds from the pending payment to use as working capital in their business. The importer can pay off the loan at a later date from the sales proceeds of the goods as agreed.