Acceptance&Aval Credit Features
- Acceptance&Aval Credit facility guarantee payment to exporter in case buyer does not pay at due date,
- Exporters can discount the draft through Alternatif Bank to accelerate their cash conversion cycle.
Exporters mitigate the non-payment risk whereas importers can clear the goods before payment.
Acceptance/Aval Credits are basicly banks aval on drafts/Bills of Exchange drawn by exporter and accepted by importer.