Beginner's Guide to Exporting. 4th Edition.

2 4 Beginner’s Guide To Exporting Facility What can Foreign Currency Trade Financing-i do? When to use Foreign Currency Trade Financing-i? Foreign Currency Trade Financing-i Benefit: Low risk of currency exchange risk. Access to foreign currency financing. • Provide financing in foreign currency to be used in importing or exporting activity such as in US dollar. • When you need foreign currency money at a competitive rate for your trade activity. • When you agreed with the counterparty to deal in certain foreign currency. Where can I apply for Foreign Currency Trade Financing-i? b) Facilities for Importer Facility What can Trust Receipt-i(TR-i) do? When to use Trust Receipt-i(TR-i)? Trust Receipt-i (TR-i) Benefit: You can take possession with your goods without using your own money first. • Provide financing for your importing expenses and bridges the working capital requirement. • When you want to purchase good from another country without using your money first to pay the full amount of the goods. Where can I get Trust Receipt-i(TR-i)? SOURCING FOR EXPORT FINANCING CHAPTER 5