Purchase of Export Receivables is offered as part of Government Programme Financial Support for Exporters. In compliance with Programme’s objectives Bank Gospodarstwa Krajowego (BGK) has a possibility to refinance (in the form of Receivables Purchase) the credit provided by Polish exporter to his foreign partner, insured by KUKE (Supplier’s Credit Insurance).
To accomplish Purchase of Export Receivables by BGK, Exporter is obligated to:
- complete a contract for export of Polish goods/services, concluded on terms of trade credit and
- receive insurance from KUKE (Supplier’s Credit Insurance).
It is recommended to contact BGK before signing the Export Contract.