Forfaiting - Cash Made From Loan
Forfaiting - Cash Made From Loan

Summary/Abstract: Bank are dealing with in present times many activities. Traditional activities, such deposits, or loans, definitely is not dying but they made smaller and smaller share of total profits. Banks now performs many operations in which they not even do business with their customers and that provide them a large capital at their disposal. Business of a bank deposit are ordinary retail business with a single digit commissions, as well as forfeiting work worth of several million Euros.This way of redemption of long-term receivables in Serbia is almost underrepresented. One of the reason is underdeveloped legislation, so for these reasons, we attribute importance to this paper.In addition to factoring, in Serbia has recently appeared a relatively new form of financing of export credits - forfeiting. It involves the purchase of long-term export receivables, minus the appropriate amount, based on the presentation of documents by which importer guarantees repayment of debt.

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