A Trust Receipt is a form of import financing.

Under a Trust Receipt, the importer receives the transport documents (for example a Bill of Lading) from their Bank on trust. The importer undertakes to hold the goods and the sales proceeds on trust for the Bank and to repay the Trust Receipt principal amount with interest to the Bank when the Trust Receipt is due for payment, or when sales proceeds are collected, whichever is earlier.

A Trust Receipt can be taken up in the currency of the import invoice, or in an equivalent amount in another currency, which matches the amount in the sales invoice.