The bank issues a binding offer for the export finance transaction (usually in the form of a 'Binding Offer / Letter of Intent' under a buyer's credit).

Before the bank can issue a binding offer, the credit application must be approved internally, i.e., the date the credit is approved must be set.

The financing offer can be sent to a selected message recipient, for example the exporter, to enable him to finalize the commercial part of the supply contract with his buyer based on the offer. The offer is binding for the bank until the acceptance period expires.

The contractual information may no longer be changed, as the credit has already been approved based on the information entered.

Select it from the menu item [Financing Products -> Export Financing -> Main -> Request for Binding Offer].