Forfaiting Forfaiting is a specialized technique to eliminate the risk of nonpayment by importers in instances where the importing firm and/or its government is perceived by the exporter to be too risky for open account credit. The following exhibit illustrates a typical forfaiting transaction (involving five parties-importer,exporter, forfaiter,investor and the importers bank). The essence of forfaiting is the non-recourse sale by an exporter of bank-guaranteed promissory notes,bills of exchange,or similar documents received from an importer in another country. 制纤价蜀易大孝Forfaiting z Forfaiting is a specialized technique to eliminate the risk of nonpayment by importers in instances where the importing firm and/or its government is perceived by the exporter to be too risky for open account credit. z The following exhibit illustrates a typical forfaiting transaction (involving five parties – importer, exporter, forfaiter, investor and the importers bank). z The essence of forfaiting is the non-recourse sale by an exporter of bank-guaranteed promissory notes, bills of exchange, or similar documents received from an importer in another country