Most top soft commodities buyers are now willing to purchase stocks for in-country stock delivery with FCY settlement immediately after such local delivery. How-ever at a reasonable cost circa US$50 to US$100 off the contract cost. The port congestion has necessitated this approach to ease the delays in offshore delivery and subsequent payment on exported goods. This does not exempt the required NXP execution and other export documentations. Essentially, the proceed on the export is usually settled in less than 24 hours of submitting requisite shipping documents. The shipment is registered in the name of the exporter hence no disruption whatsoever to the schedule of the exporter. This approach will enable ease of monitoring for financier and creates an expanded room for more exporters to supply in-country.
1. Resolves the hassles posed by port congestion and traffic in-country,
2. Reduces Trade Cycle,
3. Faster receipt of Export Proceeds;
4. Room for expansive transaction flow;
5. Full capacity utilization of limits
Pre -Export Finance Opportunity
Pre- Shipment Finance opportunity
Receivable Finance opportunity, Prepayment Finance Facility opportunity; Tolling Finance Facility opportunity etc