Ekspansja zagraniczna Inwestycje

Purchase of Export Receivables (Export Forfaiting Facility)

For Who
MŚP; Duże firmy
Type of service and support
Zwrotne wsparcie finansowe
Application duration Indefinitely
Support amount
Min. 5 mln EUR, nie więcej niż 85% wartości kontraktu eksportowego
Own contribution
Min. 15% wartości kontraktu eksportowego
Territorial scope
Polska i rynki zagraniczne

The purchase of export receivables constitutes an integral component of the Government Programme for the Financial Support of Exports. Within this framework, Bank Gospodarstwa Krajowego (BGK) refinances the trade credit extended by a Polish exporter – insured by the Export Credit Insurance Corporation (KUKE S.A.) – to an international buyer.

In order to execute the assignment and transfer of export receivables to BGK, the exporter must satisfy the following criteria:

  • Be actively executing a commercial contract for the export of Polish commodities and/or services, finalised under trade credit terms; and
  • Secure comprehensive underwriting coverage for its supplier credit accounts receivable from KUKE (utilising the designated Supplier Credit Policy).

It is strongly recommended to initiate formal consultations with our institution prior to the execution and signing of the underlying export contract.

Transactional Expenditures and Assignment Procedures

The operational costs associated with this facility are determined on an individual basis, contingent upon the specific structural characteristics of the transaction and the financial solvency (standing) of the debtor. The procedural framework for the bank’s purchase of receivables is streamlined and operates independently, requiring no institutional participation from a foreign banking corporation.

Strategic Advantages for the Exporter

Upon the formal purchase and assignment of the receivables by our institution, your enterprise secures an advantageous financial instrument to fund export development, yielding the following benefits:

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The structural risk of non-payment by the counterparty is fully transferred to BGK and KUKE S.A.
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The exporter is empowered to extend highly attractive, long-term deferred payment structures to its international clients
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Direct disbursement of funds for the delivered commodities or rendered services is executed immediately post-delivery or post-performance
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The enterprise effectively enhances its working capital and financial liquidity thresholds
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The off-balance-sheet nature of this financing ensures that the facility does not burden or diminish the enterprise’s corporate borrowing capacity

Application Path

To evaluate eligibility regarding the purchase of export receivables, please initiate formal communication with our bureau and transmit the following documentation:

  • The draft text or formalised project structure of the underlying export contract;
  • A preliminary underwriting confirmation from KUKE S.A. indicating that the prospective receivables qualify for credit insurance coverage;
  • The financial statements and corporate disclosures of the importer (debtor) corresponding to the most recently concluded fiscal year and the preceding financial quarter (documentation drafted in the English language is preferred).

Trade Finance Relations Bureau

E-Mail:  [email protected]