Importing and exporting are two huge milestones for budding businesses. Metrobank can help you finance your import, export, and domestic purchases.
Supply Chain Finance
Supplier Finance Program
- Extend your credit terms with suppliers while we purchase your supplier's receivables from you for ultimate working capital optimization.
Dealer Finance Program
- Incentivize your dealers to pay early for purchases under a structure that allows immediate access to cheap funding.
Import Services
Letters of Credit (LC)
- Provide payment assurance to your suppliers when they present required documents.
Documentary Collections
- Secure receipt of shipping documents and payment transfer for purchases made via documents against payment or documents against acceptance.
Open Account/Direct Remittance
- Minimize costs for your international purchases by directly remitting payments to your suppliers.
Import Financing
Trust Receipts Facility
- Access funding and activate extended terms for your international purchases to maximize working capital.
Export Services
Export LC Advising
- Be informed on time of any LC issued in your favor from anywhere in the world through our dedicated team of trade specialists.
Export LC Confirmation
- Add a layer of security to your export proceeds by letting us confirm the LCs issued in your favor.
Negotiation and Settlement
- Manage your export documents and receipt of proceeds efficiently through our on-time and cost-efficient negotiation and settlement service for LCs, and documentary collections issued in your favor.
Export Financing
Export Packing Loan
- Avail of funds, usually against a purchase order from buyer, to be used in production and transport of an export order.
Export Bills Purchase
- Receive export proceeds ahead of the due date by selling the LC or draft (as in documentary collection) to us for a minimal discount price.
Guarantees
Standby Letters of Credit
- Mitigate counterparty risk for your beneficiary by letting us issue standby LCs on your behalf--be it performance, bid, or financial in nature.
Bank Guarantee
- Establish smooth relations with your counterparties on the back of a bank guarantee issued in their favor for any contractual obligation.
Credit Line Certification with Undertaking
- Leverage your credit standing on our assurance of your capability to meet financial obligations.
Shipping Guarantee
- Provide assurance to your shipping line in lieu of original documents to receive goods in time.