As an issuing bank

TFP is open to qualified banks located in ADB's developing member countries (DMCs).

The criteria for eligibility include, but are not limited to

• positive financial statements
• strong corporate governance
• clear and balanced shareholder structure
• existing trade finance operations

There are no fees to joining the TFP.

See list of participating issuing banks.

As a confirming bank

Confirming Banks are in a key position to support more business for exporting clients, including in countries where credit lines are limited.

International, regional, and local banks are eligible to join ADB's TFP as Confirming Banks, provided they are reputable institutions that have trade finance operations and adequate anti-money-laundering (AML) and KYC policies.

To participate as a Confirming Bank in the TFP, interested parties are asked to provide information on their AML and KYC policies. Eligible Confirming Banks are also asked to sign legal documentation and a Confirming Bank Agreement. There are no fees to joining the program. Fees will be charged only when ADB issues a guarantee. The party requesting the guarantee (Issuing or Confirming Bank) is responsible for paying applicable guarantee fees.

See list of participating confirming banks.

Advantages for Issuing Banks

Advantages for Confirming Banks

The TFP:

• increases a bank’s credit lines
• expands relationships with correspondent banks
• reduces cash collateral requirements
• enhances the ability to maintain or attract new clients
• provides critical support during times of crisis

The TFP:

• provides low-risk access to new and challenging markets
• expands geographic coverage to service export clients
• leverages existing country lines and Issuing Bank limits
• provides capital relief under Basel