FCI

FCI is the Global Representative Body for Factoring and Financing of Open Account Domestic and International Trade Receivables. It was established in 1968 as a non-profit global association. With close to 400 member companies in more than 90 countries today, FCI offers a unique network for cooperation in cross-border factoring. Member transactions represent nearly 60% of the world’s international correspondent factoring volume. FCI is a non-exclusive organisation, open to any company that provides Factoring Services or plans to set up Factoring Activities and service providers to the industry. FCI offers three major areas of activities: • CONNECT: The business network supports cross-border factoring activities through which its members cooperate as export and import factors • EDUCATE: FCI promotes and develops best practices in both domestic and international factoring and related Open Account Finance products • INFLUENCE: FCI promotes and defends the Industry with stakeholders and policymakers worldwide