Export Bill Discounting:
Export Bill Discounting finances receivables when exports are made under Letters of Credit.
Amounts: Can vary depending on the Bill Amount
Rates: Variable Interest Rates based on BBK - Kuwait Base Rate
Tenor: Maximum 180 days
Terms & Conditions: Can Vary.
Cheque Discounting:
Cheque Discounting is a form of receivable financing. BBK - Kuwait can discount cheques drawn by acceptable drawers and provide funds up front.
Rates: Variable Interest Rates based on BBK - KUWAIT Base Rate
Tenor: Maximum 24 Months
Terms & Conditions: Can Vary.