Bank Factoring TCI Policy  

Product Offerings : 

  • Bank Master Factoring Policy

  • Multi-Buyers Factoring TCI Policy 

  • Single Buyer Factoring TCI Policy

  • Islamic Commodities Murabaha or Tawarruq Trade Credit Takaful  

Key Benefits : 

  • Full control on Insurance Policy & Claims 

  • Mirroring with Lending Facility(ies)

  • Adequate Credit Cover limits  

  • Efficient Claims Management 

  • Risk Management Services

  • Portfolio Securitization opportunities

Our Value Added Services: 

  • Insurance Policy Framework Structuring

  • Factoring Risk Management Guidelines & Best Practices from Insurance angle

  • Transaction Risk Management Services

  • Client-Onboarding Services

  • Comprehensive Claims Management 

Banks are increasing assuming control on Trade Credit Insurance Policies for financing Trade Receivables transactions. We offer a full spectrum of Factoring Credit Insurance Solutions, including Islamic Trade Finance Credit Takaful (for Commodities Murabaha and Tawarruq structures), to banks and financial institutions globally. We structure be-spoke Credit Insurance programs befitting specific requirements and compliance criteria for each respective banking clients enabling a proactive and optimized program of factoring and financing trade receivables.

Bank Master Factoring Policy:

This is a whole-portfolio blanket Trade Credit Insurance Policy issued to a Bank to insure all trade receivable transactions on eligible credit-approved Debtors assigned by originating Obligor(s) to a bank (funded and non-funded). Qualified receivables are domestic, international and inter-factor arrangements. 


Multi-Buyers Factoring Policy: 

This policy is used to cover a Single Obligor Trade Receivables Financing Facility involving multiple debtors/buyers. The policy mirrors the respective client-specific financing arrangement and buyer-credit-limits are established earmarked to the respective originating Obligor under the bank's facility. The Buyer Credit Limits are generally non-cancellable and provides a sustainable receivables financing platform to the bank and optimizing the bank facility lines utilization by the Obligor.


Single Buyer Factoring TCI Policy: 

This policy is issued to cover a Specific Single Buyer​ or Key Account for trade receivables financing as reflected in bank's financing facility. The policy incorporates specifics of proposed trade transaction, underlying trade contract documentation and financing agreement for sake of abundant clarity and precision. The Credit Cover Limit is generally non-cancellable enabling stable trade financing structure. 

Islamic Finance Trade Credit Takaful:

We have successfully structured one of the world's first Sharia Compliant Islamic Trade Bank Master Credit Takaful partnering with world's largest Credit Insurer in the GCC market to facilitate financing of trade receivables under the Commodities Murabaha and Tawarruq structures. The Credit Insurance Policy structure is adapted to fully comply with the Sharia nomenclature and financing contract. The policy could be flexibly structured befitting Commodities Murabaha or Tawarruq (Reverse Murabaha) arrangements to finance both trade receivables for a multi-buyer portfolio, single / specific buyer and even Vendor Financing structures all meeting the Islamic Finance & Sharia norms.

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