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Trade Finance Services
As an instrument of international finance, bankers’ acceptances normally result
from a commercial letter of credit which requires a time draft. The seller may choose
to finance the transaction by carrying the receivable, confident in the knowledge
that payment is guaranteed by the bank which accepted the obligation to honor the
draft at its maturity; hence Bankers’ Acceptance.
Conversely, the seller may wish to collect payment early by selling the acceptance
at a discount.
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Contact us to learn more.
For more information about our International Banking services, visit our
international banking resource center,
e-mail us or contact an International Banker at 316-383-1300.
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