Clarifications regarding revolving trade receivables
Could you please clarify whether trade receivables of a revolving nature, and therefore comprising off-balance-sheet amounts, should be classified for AnaCredit purposes as trade receivables, revolving credit other than overdrafts and credit card debt or differently?
Some instruments that meet the definition of trade receivables may be formalised in contracts with a credit limit that replenishes after payments by the debtor. Consequently, they may have a revolving nature; nevertheless, they are reported to AnaCredit as “trade receivables” instead of “revolving credit other than overdrafts and credit card debt” (or any other type of instrument).
Additionally, in some cases, “trade receivables” can also be disbursed in several instalments, although they do not have a revolving nature. For that reason, depending on the terms of the contract, these instruments may have an off-balance-sheet amount different from zero and therefore the data attribute “off-balance-sheet amount” is reported as a monetary amount different from “non-applicable” in such cases.