Import Factoring

Import Factoring addresses to firms that purchase goods and services from abroad.

Through its cooperation with other members of the FCI, NBG Factors enables Greek importers to secure comprehensive factoring solutions for their foreign suppliers (discounting, administration, collection, credit control and credit risk protection). Firms that use the Import Factoring services offered by NBG Factors will benefit from:

• Simplification of their payment procedures, through the NBG network
• Alternative guarantee provision services for imports (besides documentary credits, letters of credit, etc)
• Favorable payment terms from their overseas sellers
• Development of their import activities