Currency: RSD
Target group: Legal entities
Approval conditions: Depending on the creditworthiness of the clients (drawer and drawee)
Amount: Depending on the creditworthiness and needs of the client, in situations where it is necessary, according to the decision of the Credit Committee, to pay the discount value in part, and the rest of the funds up to the total discount value to be paid upon realization of the bill of exchange
Repayment period: Up to 12 months
Discount rate: In accordance with the document "Interest rates"
Negotiated interest rate for arrears: The agreed interest rate for arrears is calculated in accordance with the document "Interest rates".
Calculation of the discount rate
The discount bill is debited with the discount rate and interest as follows:
- Discount rate - calculated and charged at the time of release of funds, by releasing the reduced amount of funds for the discounted value.
Security instruments
Depending on the client's creditworthiness, the required security instruments may be:
- Bills of exchange
- Joint and several debtors
- Mortgage
- Deposit
- Pledge
- Pledge on receivables
- Guarantees
- Another type of security
