General asked questions on Trade Finance basics

Trade finance signifies financing for trade of goods and services, and it concerns both domestic and international trade transactions. Trade finance includes such activities as lending, issuing letters of credit, factoring, invoice discounting, export credit and insurance. Companies involved with trade finance include importers and exporters, banks and financiers, insurers and export credit agencies, as well as other service providers.
Factoring is the sale of a credit invoice by a supplier to a third party for the purpose of one or more of the following 3 reasons: financing, collection, risk cover. Different combinations of the previous 3 elements comprise different hybrids of factoring.
Invoice discounting is the financing of an invoice which is due at a future date. You sell your outstanding invoice to Eurivex PLC, and we pay you up to 90% of the total invoice value in advance. After we receive full payment of the invoice from your debtor, we shall transfer the remaining balance to you, less our fees, which are of course agreed in advance.


How to start the relationship

In addition to our due diligence procedures whereby we need to know our clients, all businesses that either become a client or a Debtor are provided free access to the Eurivex Agora platform, operated by Eurivex Ltd., regulated by Cyprus Securities & Exchange Commission (CySEC) which operates in line with the EU’s Anti-Money Laundering and MiFID II guidelines.

Your information will be shared with our parent company, Eurivex Ltd., and this will also help you become a client of Eurivex to gain access to the trading platform.

We also need to have complete information on the clients with whom we transact business as part of the standard Know Your Client (KYC) procedures.

Furthermore, such information is also necessary when we shall be transferring money to your bank account after the invoices or Letters of Credit are discounted.

To open an account no, there are no setup fees, but a small fee will apply when we consider your application to provide you with a financing facility.
If you have submitted all the required information, then the process will take 24-48 hours to complete. Where it will be required for Eurivex PLC to verify some of the documents provided, then this will mean additional delays for which we are not responsible.
Risk warning

Investing in financial instruments as well as trading in forex and other derivatives on leverage involves a high degree of risk and may not be suitable to all investors. Trading in such financial instruments can result in both an increase and decrease in capital. Investors trading in high leveraged instruments may lose all their invested capital, where sometimes losses may be more than the initial investment. Eurivex or its officials are not responsible for any losses and before trading, you should consult an independent advisor or professional if necessary. Please refer to our Risk Warning available on our web site for further information. Eurivex Ltd. does not offer services to residents of certain jurisdictions such as United States of America.


  +357 22 02 88 30

   18 Kyriacou Matsi Avenue,
Victory Tower, 1st Floor,
Nicosia 1082 Cyprus