Post-financing

Postfinancing is a form of attracting financing from foreign financial institutions, when financing (executing) bank arranges the payment in favor of the beneficiary against the documents submitted in accordance with the terms of the letter of credit along with providing credit line to the issuing bank (scheme).

The basic conditions necessary for the implementation of this instrument of financing:

• confirmed letter of credit;
• financing is granted for the term up to 360 days;
• interest rate does not exceed the average interest rate for credits granted by Belarusian banks in foreign currency.