Prominence Bank

Do I need to provide collateral for trade finance instruments or financing?

Collateral or other risk support may be required, but the form and amount cannot be determined from a general FAQ. Any requirement depends on the supported product, client, underlying transaction, amount, term, repayment source, counterparties and risk review and must be stated in the written offer or instrument terms.

Did you find this FAQ helpful?
Thumbs Up Icon 0
Thumbs Down Icon 0
Volver arriba