FCI

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Trade and Receivables Finance Summit in CEE

FCI is the Global Representative Body for Factoring and Financing of Open Account Domestic and International Trade Receivables.

With close to 400 member companies in 90 countries FCI offers a unique network for cooperation in cross-border factoring Member transactions represent more than 40% of the world’s international correspondent factoring volume

After 50 years of existence, FCI opened two more business lines: reverse factoring (FCIreverse and EDIreverse) and Islamic International Factoring

FCI's origins include a strong legal framework (FCI Constitution, Interfactor Agreement, General Rules for International Factoring-GRIF, Edifactoring com Rules, Supplemental Agreement for Islamic International Factoring, General Rules for FCIreverse and FCI Rules of Arbitration), platforms for cross-border transactions (edifactoring com and FCIreverse) and more than 50 years accumulated knowledge (FCI Academy)

FCI cross-border solution for seller and buyer located in different countries FCI provides its membership with a platform and legal rules to perform international transactions

FCIreverse is a Supply Chain Finance (SCF) platform for financing buyer- approved receivables FCI provides its members legal rules for reverse factoring transactions

In 2018, the FCI Council approved the Supplemental Agreement for Islamic International Factoring to allow members to make transactions that are Sharia' compliant