• ImportTrades@CIMB

ImportTrades@CIMB

Letter of Credit (L/C)

Commitment by CIMB THAI on behalf of our customer (importer/buyer) that payment will be made to the exporter/seller provided that the terms and conditions of the L/C  have been met.

 

Shipping Guarantee

An indemnity given by the customer (countersigned by CIMB) to a shipping company or its agent, to allow the shipping company to release the goods to the customer without the presentation of the original Bill of Lading.

Trust Receipt

A short term trade financing facility offered to customers to finance the purchase/import of goods.

 

 

 

 

Short Term Loan Promissory Note (P/N) Against Trade Documents

This is a loan for order of goods domestically and overseas with the payment conditions of Open Account or Advance Payment. Document of right such as B/L will be directly sent to the customer. The buyer is required to contact the Bank to enter into the promissory note sale contract.

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