Trade Advance (TA) Financing Financing is short-term trade financing offered to Customer, who performs goods purchases upon Open Account or Advance Payment, to raise financing by using purchase order (PO) or commercial invoice. Such transactions can be domestic trade or cross border.Product Features Features Descriptions Drawdown Underlying Purchase Order (PO) or Commercial Invoice. Currency IDR, USD, AUD, SGD, EUR, GBP, HKD, JPY, NZD, CNY Financing Amount Financing up to 100% value of Purchase Order or Commercial Invoice. Benefits Benefits Descriptions Managing working capital / cash flow Trade Advance Financing can help Customer (Buyer) in managing working capital / cash flow since payment claim from Seller is received until the funds from goods sales are available. Improving trust Trade Advance Financing helps Customer (Buyer) to fulfill payment obligation to Seller timely, hence it improves the Seller trust to your business. Tailor made solution Financing solution provided by Commonwealth Bank is tailored to fit with your business cycle or cash flow. Trade Advance Application ProcessCustomer may apply credit request to Commonwealth Bank in form of Trade Advance facility, with reference to the valid credit procedure. Then, after the facility is approved, Customer may withdraw the loan in form of Trade Advance Financing up to the available credit limit, based on purchase order or claim document received from Seller, such as commercial invoice.Trade Advance Transaction FlowFeesFees related to Trade Advance can be found hereRiskThe tenor of Trade Advance Financing should be adjusted to Customer sales cycle. Submission of financing with non-appropriate tenor may pose the risk of Customer incapability to pay its obligation to the Bank.Further InformationCall CommBank can be accessed through 1500030 or (6221) 2935 2935 for international access. We serve customer 24 hours a day 7 days a week (including public holiday).