About the product

Discount of trade bills is short-term financing granted by the Bank. The Bank purchases trade bill before its payment term at a price less the amount of discount interest. The Bank discounts bills submitted by the drawee which is creditor of the principal amount and holds a settlement account at Bank Millennium.

Discount of trade bills is available in two variants:

  • as single transactions or
  • under a discount loan, i.e. upon granting renewable credit limit for discount of a number of trade bills within 12 months. After repayment of the bill by counterparty, the available limit is released.


  • You will gain a competitive edge, thanks to ability to offer your trade partners more attractive payment conditions with longer payment terms.
  • You will improve your financial liquidity and economic ratios thanks to earlier receipt of your receivables.
  • You may move from sales based on credit conditions (trade credit) into cash sales (discount).
  • You mitigate risks related to debtors' defaults.

Channels of access to product information


Wherever you are, with internet access, you can check account balances and history on a 7/24 basis, also viewing information concerning other products i.e.: cards, loans, guarantees and letters of credit, standing orders or term deposits.

Corporate Branch

Get detailed information about Bank Millennium products by contacting Advisors in the Corporate Banking network.

Contact with Advisor

By phone

Our Consultants will provide you with detailed information and will carry out your instructions. 

801 31 31 31
line available for fixed-line and mobile calls

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Settlement account

Effectively manage financial flows in a company and benefit from the Bank's comprehensive product range.

Recourse factoring

Do not wait for your invoice to be paid. Get immediate financing by converting receivables to cash and leave the complex task of cash collection to us.

Export letter of credit

Ensure that your counterparty does not resign from the agreement.

Questions and answers