Open Account (Cash Against Goods)

What is an Open Account (Cash Against Goods)?

Open Account (Cash Against Goods) is a payment method in which seller ships/delivers the goods before buyer pays at pre-agreed maturity.

Open Account is a profitable and secure method for the importer, while being risky for the exporter.
The exporter can mitigate the non-payment risk through an insurance of receivables or a standby letter of credit.

From order to sales maturity, your credit for export financing is ready at Alternatif Bank!

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Apply now for Eximbank’s cost-effective loans with Alternatif Bank's swiftness!

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Acceptance&Aval Credits, mitigates non-payment risk of the exporter and allows importer to clear the goods before payment due date.

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