Financing of warehouse receipts in accordance with the provisions of the Law No. 144/1998 Coll. on warehouse receipt, goods receipt, and on amendments to certain laws.

Tatra banka provides refinancing of purchase and sale of food wheat and rye, fodder wheat and rye, fodder and malt barley, fodder corn, oil rape, and sunflower, upon submission of warehouse receipts.
The TB advance payment depends on the then current market price of the commodity, however, it shall not exceed 80% of the relevant market price. The client shall pay the interests in advance, at individual drawdowns.
The individual receipts are due and payable within minimum 60 days following delivery of the request to the bank, and regularly 180 days, however, maximum 300 days.

The individual warehouse receipts must be issued for Tatra banka, a.s. by an acceptable warehouse operator.

Based on the information about the financial situation, position, and experience in the given field or region, Tatra banka shall review the trustworthiness of the company operating the public warehouse.
In the event of affirmative decision of the bank, the maximum limit for the individual warehouse operator is determined.

Upon reviewing the request, Tatra banka shall assess the risk, prepare an offer and upon acceptance thereof, a contract is signed by the authorised representatives of the client and the bank. At the same time, the bank and the client shall enter into an agreement on custody of the property receipts. The funds shall be paid to the client within 3 business days following satisfaction of all conditions by the client.

Target group: direct manufacturers, processors, vendors