Transaction Process:
From a first idea to an executed export transaction
Export financing works best when it is introduced early and structured clearly. That is why FIB follows a transparent, step-by-step process that turns export opportunities into executed business.
A process designed to support sales – not slow them down
Buyer credits are not about paperwork. They are about enabling decisions. FIB’s process is designed to provide clarity early (Indicative Term Sheet), guide data and document collection, and execute efficiently once accepted.
1. Project submission – A simple starting point
International export transactions involve political, economic and commercial risks. Without structured risk mitigation, many of these transactions would not be financeable.
Export Credit Agency (ECA) cover provides the framework that makes buyer credit financing possible – predictable, bankable and sustainable over the long term.
At FIB, ECA cover is not an add-on. It is a core component of how we structure export financing.
2. Initial review & Indicative Term Sheet – Fast feedback, clear direction
FIB reviews feasibility, key structuring parameters (tenor, repayment profile) and suitability for ECA cover.Within 24 hours, we typically respond with an Indicative Term Sheet – oftenalready outlining a concrete financing structure for your buyer.
3. Acceptance of the Indicative Term Sheet – Moving into execution
Once the Indicative Term Sheet is accepted, the transaction moves from structuring into execution. From this point onwards, the process follows a clearly defined assessment and documentation workflow.
4. Credit risk assessment & KYC/AML – Structured, guided and efficient
FIB conducts a credit risk assessment of the buyer (and relevant counterparties) and KYC/AML checks in line with regulatory requirements. FIB supports this through a step-by-step questionnaire guiding required information, required documents and a transparent status overview. This ensures efficiency and predictable timelines.
5. Documentation & ECA process – From assessment to formal transaction
Following successful completion of the assessments, transaction documentation is preparedand the required steps under the applicable ECA framework are coordinated. Roles and responsibilities are clearly defined.
6. Delivery, documents & disbursement – Execution aligned with delivery
Once the agreed conditions are fulfilled:– delivery or service takes place,
- the required shipping and delivery documents are provided,
- funds are disbursed, and
- the exporter receives payment as agreed.
The buyer repays the loan in line with the agreed repayment schedule. FIB remains involved throughout the tenor with monitoring and operational support.
Start via FIB x PORTal.
Registering with FIB x PORTal is your next step to selling more abroad. You are just minutes away from applying for your first buyer credit with FIB.
