Packing Credit

    Features

    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

    The companies can apply at any UOBT branch subject to the condition that both the companies and their staff need to have their accounts opened with UOBT.

    Cash Management Customer Service :

    Tel. 0-2343-4848
    Fax. 0-2285-1746

    Cash Management Division
    United Overseas Bank (Thai) Public Company Limited.
    191 South Sathon Road, Yanawa, Sathon, Bangkok 10120

    • 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.