Banker’s Acceptances

Secure Short-Term Financing

 

Our Banker’s Acceptances provide your business with a secure and cost-effective method for obtaining short-term financing. These negotiable instruments facilitate smooth trade and offer assurance to both the buyer and the seller.

Benefits

  • Access funds for periods ranging from 30 to 180 days, tailored to your short-term financing needs
  • Enjoy lower financing costs compared to other short-term credit options
  • Strengthen trade relationships by seeking guarantees from trusted financial institutions
  • Convert receivables into cash, before they are due

Features

Secure & Flexible Financing

Benefit from a reliable and flexible financing option, as they are backed by a reputable bank and offers security and peace of mind.

Lower Interest Rates

Enjoy lower interest rates to businesses compared to other credit options as the Bank guarantees payment.

Short-Term Financing

Get short-term financing options, that typically range from 30 to 180 days, allowing businesses to cover short-term operational needs without long-term commitments.

Streamlined Transactions

Streamline trade payments with a secure method for settling cross-border transactions to reduce complexity.

Process

 

  • Issuance of the BA: The business initiates a Banker’s Acceptance with us by requesting financing for a specified period
  • Bank’s Acceptance: Upon receiving the request, we accept the Banker’s Acceptance, guaranteeing payment of the face value upon maturity
  • Sale at a Discount: The Banker’s Acceptance is sold at a discount either to us or in the secondary markets, and the business receives the discounted amount as cash upfront
  • Maturity at Payment: At the end of the term, the business repays us the full face value, or we pay the holder if the Banker’s Acceptance was sold in the market

To Find Out More

Get in Touch

HBZ Contact Centre
+971 4 387 0700

Email
csd@habibbank.com

Contact your Relationship Manager
Visit a branch

Head Office

6450 Kitimat Rd, Mississauga
Ontario, L5N 2B8, Canada

Phone:
+1 (905) 276 5300
+1 (855) 82 HABIB

Email:
info@habibcanadian.com

Visit Branch:
Find your nearest branch and meet with our banking specialists.

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