Pre-Export Financing

Loans in foreign currency granted prior to the shipping of goods intended for export

Users

Final exporters from all productive sectors having a credit relationship with the Bank.

Currency

US Dollar

Term

Up to 365 days

Financial Support

• “Documentary” Base Transactions: Up to 90% of FOB value or equivalent value.
• “Export Record” Base Transactions: The total amount owed as advances, domestic and foreign pre-export financing, plus the credit requested should not exceed the highest of 75% of annual average exports in the latest 36 months or the exports for the latest 12 months. Minimum amount: USD 200,000 per transaction.

Guarantee

At the Bank’s discretion

Insurance

Natural Persons shall have life insurance in favor of BNA, for the debt balance.

Requirements

Irrevocable Documentary credit open in their favor, Firm purchase order or contract, expressly stating that the goods are intended for export.

To conduct through BNA all banking and exchange transactions for future shipping which are subject to the credit assistance.

Payment of financing shall be made with the assignment of foreign currency.