Syngenta

CREDIT AGRICOLE BANK provides the possibility to purchase products of LLC Syngenta with payment deferral on beneficial terms.

ADVANTAGES

• For the Customer:
• Special discount policy
• Avoidance of expensive commodity loans
• Cheaper than the bank loan
• Possibility to replace valid working capital credit limit with bill avalization limit
• Repayment is made in bulk amount at maturity of the bill
• Development of positive credit history – possibility to improve access to bank finance in future
• Possibility to release funds for long-term investment finance
• Bill avalization only means CAB guarantee to pay under the bill if the customer fails to do it in time

TERMS AND CONDITIONS

• Two instruments are proposed as payment for products of LLC Syngenta
• Avalized bill – for customers having contracts with LLC Syngenta’s distributors
• Bank guarantee – for customers having direct contracts with LLC Syngenta

Period of validity:

• Avalized bill shall have the maturity date before 15 October of the current year
• Bank guarantee depends on the terms of the contract between your company and LLC Syngenta

Fee of the bank for bill avalization and issue of guarantee:

• 1% of the amount of the bill for each 90 days if secured by property (other than cash funds placed in deposit account)
• Fee for bill avalization limit setting / bank guarantee provision makes 1% of limit amount for each year of limit usage (payable as a front-end fee on the day of General Agreement signing)