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Import Guarantee

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Import Guarantee provides payment guarantee to foreign suppliers and assists local manufacturers in the purchase of facilities, equipm​ent, spare parts, and raw materials from abroad.

 

Applicants

Duly registered local manufacturers or trading companies of scale
  

Conditions for Guarantee

  1. Method of Guarantee: Issuance of letter of guarantee or stand-by L/C
  2. Guarantee Amount: To be determined on a case-by-case basis by Eximbank depending on the applicant’s transaction contract.
  3. Guarantee Fee Rate: Determined on a case-by-case basis depending on the guarantee amount, guarantee period, and customer credit.
  4. Currency: According to the currency stipulated in the transaction contract.
  5. Security: Collateral or guarantor approved by Eximbank.

 

 

 

 

 

 

 

 

 

 

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