10 ENGLISH BOOKS RELATING TO «FORFAITER»
Discover the use of
forfaiter in the following bibliographical selection. Books relating to
forfaiter and brief extracts from same to provide context of its use in English literature.
1
Working Capital Management: Strategies and Techniques
It enables an exporter to discount his export receivables with an agency called
forfaiter. It also frees the exporter from the commercial and political risks inherent
in international trade, as forfaiting is mostly done on 'without recourse' basis.
Hrishikes Bhattacharya, 2009
2
International Credit and Collections: A Guide to Extending ...
CREDIT ISSUES 149 QUESTIONS TO ASK A FORFAITER All forfaiters are not
created equal. It is important to select a forfaiter who is experienced in the
countries in which the firm is selling. It is also critical that both the international
credit ...
In a forfaiting transaction, the exporter surrenders, without recourse to him, his
rights to claim for payment of goods delivered to an importer, in return for
immediate cash payment from the forfaiter. As a result, the exporter is able to
convert a ...
4
International Financial Transactions and Exchange Rates: ...
The benefit to the forfaiter is the extra margin on the loan to the exporter. In order
to illustrate how forfaiting takes place in practice, the following is a typical
forfaiting transaction where the buyer and the seller of goods are located in
different ...
John N. Kallianiotis, 2013
Thus, a forfaiter provides supplier credit in the form of non-recourse, medium-
term (for a period beyond the traditional 90 or 180 days) financing to the firms,
particularly SMEs, and free them from the risks associated with their receivables.
6
Export-Import Theory, Practices, and Procedures, Second Edition
private or public financing for the sale, it decided to contact a forfaiter to ex- plore
the possibility of financing the deal. Tadoo provided the forfaiter with important
details to establish the viability of the transaction including its delivery date, ...
7
Export-Import Theory, Practices, and Procedures
The exporter (or CXpt forfaiter and provides the latter with the details of th with the
overseas customer. The forfaiter evaluates the to finance the deal based on a
certain discount rate an exporter then incorporates the discount into the sellin are
...
Erdener Kaynak, Belay Seyoum, 2014
All risks and collection problems are fully the responsibility of the purchaser (
forfaiter) who pays cash to seller after discounting the bills/notes. The salient
features of forfaiting, as a form of export-related financing, are summarisedbelow:
(i) (ii) ...
9
International Marketing
Unless the importer is of first-class undoubted financial standing, any forfaited
debt must carry a security in the form of an 'aval', or unconditional bank
guarantee accept able to the forfaiter, This condition is of the utmost importance
because of ...
Stanley Paliwoda, Michael Thomas, 2013
10
Fin Services & Systems, 2E
All risks become the full responsibility of the purchaser (forfaiter). Forfaiter pays
cash to the seller after discounting the bills/notes. Characteristics Forfaiting
essentially involves non-recourse bill discounting, in a modified way. It aims at ...
2 NEWS ITEMS WHICH INCLUDE THE TERM «FORFAITER»
Find out what the national and international press are talking about and how the term
forfaiter is used in the context of the following news items.
Bankers see growing trend of open account transactions
... forfaiting is a mechanism that enables clients to sell their medium- and long-term receivables to a forfaiter at a discount, in exchange for cash. «Jakarta Post, Apr 14»
Financing trade in africa: the mechanisms
The purchaser of the receivables, or forfaiter, must now be paid by the importer to settle the debt. As the receivables are usually guaranteed by ... «GhanaWeb, Apr 13»
