Discount Time Bills under Domestic Letter of Credit

Financial service supporting the working capital after exportation for enhancing efficient product and service or business liquidity for administration expenses

Service
Krungsri provides the working capital after shipment by discounting documents under DLC after receiving payment confirmation from the DLC issuing bank up to 100% of the amount in Thai Baht and discount up to 90% of the amount in foreign currency. This service enables the seller to have working capital for business operation before receiving payment from the DLC issuing bank.
 
Benefits
  • Enhance business liquidity with sufficient working capital for raw materials/goods or other expenses without waiting for payment from the DLC issuing bank



 

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