Packing Credit

” Want to export …but short of Fund ….”

Packing credit from UOB offers you financing to purchase your raw materials to produce merchandise contractually committed by the purchaser.


Description
Benefits
Applicant Requirement
Supporting Documents
Rates & Fees
Contact

Description

Packing credit is a type of short-term financing available to exporters who may need liquidity to buy raw materials for production of goods or preparation of finished goods to be exported. Packing credit facilities can be given either in Thai Baht or in other foreign currencies.

Benefits

  • Bridge the gap between purchase of raw materials and accept receipt of export proceeds.

Applicant Requirements

  • Corporate customers .
  • Customers who have Trade Finance facility ie packing credit facilities.

Supporting Documents

  • Original Letter of Credit or,
  • Original Commercial Contract or,
  • Original Purchase Order
  • A Promissory Note
  • An Application Form for Packing Credit
  • A Letter of Indemnity

Rates & Fees

Interest rate applicable to packing credit transactions shall be the rate agreed between the customers and their Relationship Managers.

Contact

Head Office :
Customer Service Tel. 0-2620-5071-74
  Fax. 0-2260-7715, 0-2204-2221, 0-2204-2229

Note : Any services which require credit facility(ies), credit approval must be granted first.