Special Trade Finance Products & Solutions
Special Trade Finance Products
Quickly Convert your receivables into Cash by short term fixed rate funding.
Riyad Bank’s Special Trade Finance Products enables you to access funds and convert your trade receivables into cash.
Improve cash flow without borrowing under credit facilities
Limiting risk from counterparty
Opportunity to negotiate for longer tenor periods
Special Trade Finance from Riyad Bank is when you sell your outstanding import or export bills for a discounted price.
LC Bill discounting: Riyad Bank offers to discount bills under Letters of Credit issued by main stream banks at competitive pricing, so that you get the payment for your supplies before the due date, without affecting your fund based credit facilities.
Buyer’s/Supplier’s Credit Financing: Riyad Bank can structure buyer’s and supplier’s credit financing for your trade transactions so that the receivables can be converted into cash at an early stage of time.
All Trade Finance Customers eligible and the Credit Facility’s are arranged by the corporate banking relationship team.
To apply please approach any one of our Trade Finance Centers or call us directly on:
Central region: +966-11-4865652 or +966-11-4865629
Western region: +966-12-2609060 or +966-12-2609094 or +966-12-2609035
Eastern region: +966-13-8335733 (Ext: 8539 or Ext: 8540)
Apply Online - Special Trade Finance Products
Please complete the form below
Type Eleven Apply Now
A representative from Riyad Bank will contact you to complete your request.
Keeping in mind that a current account is required to obtain any product or service from Riyad bank, if you do not have one yet, you can open an account from here