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Advice of Letter of Credit |
Exporters choosing to trade via an L/C can request the buyer to issue an L/C through
the bank. Upon reception, BAY will verify the L/C's Correctness as well as the specific conditions on your behalf and notify you are instantly and within 24 hours. L/Cs can be accessed from the Internet via Krungsri Trade Link for verification as well
Benefits
- Get notified quality - within 24 hours
- L/C will be verified by Bank of Ayudhya Company Limited
- For extended transactions, such as packing credit, you are entitled to provide
required documents instantly, for your added flexibility.
How to Proceed
- BAY will notify instantly or within 24 hours
For further information please contact: International Trade Department
Head Office Tel: 02-296-2222
Email: intertrade@krungsri.com or any International Business Centers
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Whether dealing through L/Cs, D/Ps or D/As, we are ready to purchase your bill (s) before hand, transfer the money into your account and collect the payment(s) according to the export documents
Benefits
- Another way to assist the exporter: providing him/her with working funds or enhancing flexibility before receiving payments from the buyer / the bank (on behalf of the buyer)
- No interest charged (in case, the seller pays within 7 days; after the exporter has been paid by the bank)
- Exporter is paid within 24 hours (upon submitting documents to the bank)
How to Proceed
- Contact the bank for an Export Document Purchase fund acquisition (link contact us + subject)
- Submit export documents along with Export Document Purchase request form (download)
- Upon receiving and successfully verifying the documents, BAY will transfer the money into the designated account within 24 hours
For further information please contact: International Trade Department
Head Office Tel: 02-296-2222
Email: intertrade@krungsri.com or any International Business Centers
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Exporters using L/Cs, D/Ps or D/As an assign BAY to collect payments according to export documents on their behalf; each document will be thoroughly verified and sent the document for collection within 24 hours
Benefits
- BAY assumes the role of collecting payments on behalf of exporters - diminishes the hassle of money collection
- Documents processed within 24 hours - receive the money quickly
How to Proceed
- Submit export documents along with Export Bills Collections request
form (download) at any International Business Center
- Upon receiving and successfully verifying the documents, the collection will be immediately processed (within 24 hours)
- Upon receiving payment from the buyer / buyer's bank, BAY will instantly transfer the balance into the exporter's account
For further information please contact: International Trade Department
Head Office Tel: 02-296-2222
Email: intertrade@krungsri.com or any International Business Centers
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Export Loans, or Packing Credit, are truly handy when requiring a loan to fund your working capital in order to prepare export process (es) - enhance your flexibility (as an exporter) before getting paid for your merchandise.
Benefits
- Another way to assist exporters, providing exporter with working funds or
enhancing flexibility before receiving payments from the buyer / the bank (on behalf of the buyer)
- Low interest rates
- Exporter is credited within 24 hours (upon submitting documents to the bank)
How to Proceed
- Contact Bank of Ayudhya Company Limited in order to acquire and Packing Credit (link contact us + subject)
- Submit the P/N and Exporter Loan request form (download) along with related documents such as L/C, Purchase Order or Sale Contract.
- Upon receiving and successfully verifying the documents, Bank of Ayudhya Company Limited will transfer funds into the designated account within 24 hours
For further information please contact: International Trade Department
Head Office Tel: 02-296-2222
Email: intertrade@krungsri.com or any International Business Centers
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1222 Rama III Road, Bang Phongphang, Yan Nawa, Bangkok 10120 Thailand
Telephone: (662) 296-2000 press 1572, Email : webmaster@krungsri.com |
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