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Avals to Bills ⁄ Bill of Exchange

Avals to Bills ⁄ Bill of Exchange


KTB offers more convenient service to enhance financial liquidity and confidence for customers. Customers can purchase products from the sellers who are ensured to receive the payment from the bank by using bill of exchange or Avals to Bills.

Service Features
Customer will receive credit to buy products from the sellers who are ensured to receive payment from the bank by using bill of exchange or Avals to Bills

Applicants’ Qualifications
Being individuals or juristic persons

Service Terms/ Conditions

  • Loan Type Business Loan

 

  • Bill of Exchange
    The bank certifies payment according to the bill of exchange. The buyer receives the products and agrees to pay when the bill of exchange is due. When the ticket is due, the ticket holder will receive the money from the bank. Therefore, the seller is confident he will definitely receive the payment from selling such products.

  • Avals to Bills 
    The bank will guarantee the payment according to the bill of exchange which will be paid immediately when the ticket is due and after the holder sends the ticket for collection


Required Documents
Required documents according to the bank’s regulation

For more information, please contact