Special Trade Finance Products
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.
To apply please approach any one of our Trade Finance Centers or call us directly on:
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Central region: +966-11-4865652 or +966-11-4865629
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Western region: +966-12-2609060 or +966-12-2609094 or +966-12-2609035
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Eastern region: +966-13-8335733 (Ext: 8539 or Ext: 8540)
Riyad Bank’s Special Trade Finance Products enables you to access funds and convert your trade receivables into cash.
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
