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Bank Tejarat Ecotam Supply chain finance
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Ecotam — Bank Tejarat's supply chain finance ecosystem

Move credit down the chain, not through a branch queue.

Ecotam is short for supply chain finance ecosystem — Bank Tejarat's integrated SCF platform, with six specialised products spanning the supply, distribution and sales chain. Onboarding, identity checks, digital signature and settlement, all end-to-end digital.

Sign in How it works
  • Strong automated customer authentication (SCA and KYC)
  • Invoice authenticity verified against the national trade system (Ofogh) and the taxpayer e-invoicing system
  • Credit allocated under the central bank's current directive
From invoice to cash
Without EcotamDay 180
With EcotamDay 45
135 days of cash released

135 days earlier

Example based on a six-month payment order, discounted once a quarter of the term has passed, on 10–30% of the amount. At maturity the bank settles with the buyer. Run your own numbers in the calculator below.

Six specialised products

One ecosystem, across the whole supply and distribution chain

Bank Tejarat's supply chain finance ecosystem launched in 2021 with a single product, Tamin-No. Today it has six, each built for a specific place in the chain. Tap any node.

  • Supply chain
  • Distribution & sales chain
Ecotam Tamin-NoBourseNoSenf-NoSenf-NoPlusKesht-NoKasb-No
Supply chain

Tamin-No

Parts and raw materials for manufacturing and services

The first product in Bank Tejarat's supply chain finance ecosystem, built on Ecotam. Its payment-order instrument resolves repayment and settlement along the chain, and has brought noticeable order to the industries using it.

  • Credit instruments: payment order and electronic draft
  • A facility of up to 30% of the payment-order value, once a quarter of the draft's life has passed
  • Built for manufacturers and service firms with a supplier network

The path of credit

How credit moves through the chain

Tap any step to see exactly what happens there and who does the work.

The only in-branch step

Bank Tejarat — Credit limit approved

The anchor obligor's limit is scored, capacity-assessed and approved at the branch. It is the only step in the whole process that needs a visit; the rest runs inside the platform.

One transaction, step by step

  1. 1The buyer sends a purchase order to the supplier.
  2. 2The supplier delivers the goods or service and issues an invoice.
  3. 3The buyer files the approved invoice in Ecotam and issues a payment order against it.
  4. 4The supplier requests early discounting of that instrument in the platform.
  5. 5Bank Tejarat discounts the instrument and pays the supplier.
  6. 6On the due date, the bank debits the buyer's account for the invoice value.

What's covered

Nine financing models, all on one platform

"Supply chain finance" is an umbrella over several distinct models. What separates them is who sets the programme up, where the money comes from, and whose credit sets the price. Ecotam supports all nine.

In Ecotam

Reverse factoring (SCF)

The buyer sets up the programme, the bank funds the early payment, and pricing follows the buyer's credit. The most common form of SCF, and the core of Ecotam.

In Ecotam

Multi-tier finance

Credit travels past the direct supplier: the approved instrument moves tier by tier to the supplier's own suppliers.

In Ecotam

Domestic letter of credit

For heavy contracts and new counterparties, where delivery and payment need to be tied together.

In Ecotam

Dynamic discounting

Early payment funded from the buyer's own cash in exchange for a discount, at a rate that shifts with how early the payment lands.

In Ecotam

Factoring

The seller initiates it and assigns its receivables, without the buyer having to start a programme first.

In Ecotam

Purchase-order level financing

Funding before the invoice exists, against the purchase order, for a supplier that needs cash to start production.

In Ecotam

Partial purchase

Finance and settle part of an invoice rather than all of it — for staged deliveries, or when only part of the purchase is on credit.

In Ecotam

Tolerance-based purchase and payment

For trades where the delivered quantity or weight differs from the original invoice; the final amount is adjusted and settled within an agreed tolerance band.

In Ecotam

Commitment-based and facility-based payment

Two funding sources in one transaction: part settled on the buyer's payment commitment, part from a bank instalment facility. Offered in Senf-No Plus.

Two sides of one trade

What each side gets out of it

For the supplier

  • Cheaper financing

    The rate is set on the buyer's credit standing, not yours.

  • Lower days sales outstanding

    Instead of waiting for maturity, cash out days after the invoice is approved.

  • Flexibility

    Discount every invoice automatically, or pick only the ones you need.

  • Up to 100% financed

    The full approved invoice value can be discounted, with no new collateral.

  • Predictable cash flow

    You know when the money lands, so production planning gets simpler.

  • Full visibility

    Every instrument and due date in one dashboard, with no chasing.

For the buyer

  • Keep your cash until maturity

    The money stays in your account until the due date.

  • A more resilient chain

    A supplier who gets paid on time doesn't stop production.

  • One limit, dozens of suppliers

    Spread a single approved limit across the chain instead of negotiating supplier by supplier.

  • No ERP rewrite

    Connect by API or bulk invoice upload; your finance system stays as it is.

  • Stronger negotiating position

    When early cash is on the table, payment terms become negotiable.

  • Reporting across every tier

    See how the whole chain is performing, in one view.

275tn+Toman in cumulative sales across Ecotam
6Specialised products across the chain
100%Digital, from onboarding to settlement
2021Year Ecotam went live

Customer tool

Payment-order discounting calculator

See what discounting a payment order early through Ecotam is worth to you. The fee and discount rate are fixed; just enter the amount, the term and your own current cost of financing.

Inputs

A payment order can be issued for any term from 1 to 12 months.
Discounting is not available until a quarter of the term has passed.
The bank does not discount the whole amount; between 10% and 30% of the payment order is eligible in each chain cycle.
What you pay today to fund the same amount. Replace it with your real figure.
Fee borne by
Bank fee (annual)
2.25%
Discount rate (annual)
23%
Earliest discount date
days

Calculation results

Your saving

rials

Calculation results
ItemWithout EcotamWith EcotamDifference
Payment order amount—
Amount discounted—
Day the discounted amount arrives
Cost of working capital
Discount cost (23%)—
Bank fee (2.25% p.a.)—
Total cost
  • Net proceeds on the discount date rials
  • Days of cash released days
  • Break-even rate

If your current cost of financing is above this figure, discounting through Ecotam pays off.

On these numbers discounting does not pay off; a longer term or a higher financing cost would justify it.

Calculated on a 365-day year and 30-day months. The 2.25% fee is an annual rate applied to the full payment order amount pro rata to its term, not just to the discounted share; whether the buyer or the seller bears it is set in the programme agreement. The undiscounted balance stays with the holder until maturity. This is an estimate, not a credit offer; final figures follow credit assessment.

Platform capabilities

What Ecotam does

  • Product and scheme templates configured to each industry's needs
  • Strong, automated customer authentication (SCA and KYC)
  • Digital signatures on documents and negotiable instruments
  • Invoice authenticity checked automatically against the national trade and taxpayer e-invoicing systems
  • Invoices pulled from company ERP systems
  • Partial purchase: finance and settle part of an invoice instead of all of it
  • Tolerance-based purchase and payment where delivered quantity differs from the original invoice
  • Commitment-based and facility-based payment: one transaction settled from two sources
  • The full range of credit instruments, from electronic drafts to letters of credit
  • Discounting, settlement and accounting entries executed systemically, with a 10–30% discounting cap per chain cycle
  • Every process fully digital, from onboarding through to settlement

Business benefits

What changes for your business

  • Working capital managed in one place
  • The whole supply chain process managed in one place
  • Bureaucracy removed, capital and time saved
  • Access to newer financing instruments
  • Control over how resources are allocated
  • Oversight and reporting across the entire chain
  • Lower costs and better customer satisfaction
  • Coherent financial planning to lift production

For buyers

Rolling out a programme, in four moves

SCF programmes rarely fail on price. They fail because suppliers never join. These four things move the odds.

  1. 1Set the scope

    Which spend category, which industry, what volume. A narrow programme that works beats a broad one that stalls.

  2. 2Segment your suppliers

    Start with the ones that combine the highest purchase volume with the tightest cash position; the benefit is most tangible to them, so they join first.

  3. 3Bring your internal partners in

    Finance, treasury, procurement and IT all need to be in the loop from day one. Leaving one out usually slows the programme at integration or adoption.

  4. 4Onboard suppliers and support them

    A briefing session, an onboarding guide, and a tool they can use to work out the benefit themselves. Onboarding is online, but the first time always needs a hand.

Getting started

Join Ecotam in three steps

  1. 01

    Open the platform

    Go to ecotam.ir and choose “Sign in”.

  2. 02

    Create an account

    Choose the account option, then enter your phone number, national ID and date of birth.

  3. 03

    Sign in

    Use the username and password you created. If you get stuck, call +98 21 9100 2230.

Glossary

Terms used on this page

Supply chain finance (SCF)
An arrangement that leans on a large buyer's credit standing so suppliers can be paid early on approved invoices, improving cash flow across the chain.
Anchor obligor
The buyer or parent company holding the credit limit at the bank and responsible for payment at maturity.
Payment order
Ecotam's core credit instrument: a dated commitment to pay, issued by the buyer against an approved invoice.
Electronic draft
An electronic trade instrument accepted by the bank on the buyer's credit, transferable and eligible for discounting.
Discounting
Converting part of an instrument to cash before maturity, against a cost proportional to the remaining days. In Ecotam, 10% to 30% of the amount is eligible per chain cycle.
Days sales outstanding (DSO)
The average number of days it takes a seller to collect payment. Lower is better for cash flow.
Days payable outstanding (DPO)
The average number of days a buyer has before paying suppliers. Higher frees up buyer liquidity.
Multi-tier finance
Extending credit beyond the direct supplier to the supplier's own suppliers, tier by tier along the chain.
Working capital
The cash needed to run day-to-day operations — the gap between paying suppliers and collecting from customers.
Credit and capacity assessment
The review of an applicant's ability to repay and scale of activity, which sets the credit ceiling.
Reverse factoring
Another name for supply chain finance. It is "reverse" because, unlike factoring, the buyer sets it up rather than the seller.
Factoring
The seller sells its own receivables to a financier, priced on the seller's credit standing.
Dynamic discounting
Early payment funded from the buyer's own cash in exchange for a discount, at a rate that rises the earlier the payment lands.
Procure-to-pay cycle
The full path from purchase order to supplier payment — where most of a company's idle working capital gets trapped.
Partial purchase
Financing and settling part of an invoice rather than its full value — used for staged deliveries and purchases where only a portion is on credit.
Tolerance
The agreed margin between the original invoice amount and the final settled amount, for trades where delivered quantity or weight is not exactly fixed — bulk goods, agricultural produce or commodity exchange deals.
Commitment-based and facility-based payment
Settling one transaction from two sources: part on the buyer's payment commitment and part from a bank instalment facility. The structure behind Senf-No Plus.

Before you register

Questions we get most often

What is Ecotam?

Ecotam is short for supply chain finance ecosystem — Bank Tejarat's SCF platform, developed by Tejarat Shayan and live since 2021.

What is SCF? What does supply chain finance mean?

An arrangement in which a large buyer lets its suppliers cash an invoice before maturity, funded by a third party and priced on the buyer's credit standing. Because the buyer's rating is what counts, the supplier usually gets a better rate than on its own alternatives.

How is SCF different from factoring?

Mainly in who sets it up. Factoring is initiated by the seller and priced on the seller's own credit; SCF is initiated by the buyer and priced on the buyer's. That is why SCF is also called reverse factoring. Both models are available in Ecotam.

What is dynamic discounting?

A variant where the buyer uses its own surplus cash rather than bank funding to pay early, taking a discount in return — and the earlier the payment, the larger the discount. Same family, different source of money. Ecotam supports it alongside bank-funded discounting.

How does SCF actually improve working capital?

It works both ways: the buyer keeps or extends its days payable outstanding and holds cash until maturity, while the supplier shortens its days sales outstanding through optional early payment. Both sides gain, neither at the other's expense.

Do I need to visit a branch to start?

Only the anchor obligor, and only once, to get the credit limit approved. Suppliers and sales agents onboard entirely online.

Which product fits us?

Buying parts and materials: Tamin-No. Buying on the commodity exchange: BourseNo. Running a dealer network: Senf-No or Senf-No Plus. Buying from farmers, herders or fishers: Kesht-No. FMCG retail: Kasb-No.

How large can the limit be?

It depends on the product and on credit and capacity assessment. Kasb-No goes up to 50 billion rials, and Tamin-No allows a facility of up to 30% of the payment-order value.

What if I need the money before maturity?

Once a quarter of the payment order term has passed you can request discounting. The bank does not discount the full amount: between 10% and 30% is eligible in each chain cycle. The discount rate is 23% a year and the bank fee is 2.25% a year on the full payment order amount. The alternative is passing the instrument to your own supplier. The calculator on this page shows which works out better.

How long can a payment order run?

Any term from 1 to 12 months. Buyer and seller agree the term as part of the trade and it is recorded in the platform at issuance.

What are the fees and rates?

The bank fee is 2.25% a year on the full payment order amount, charged pro rata to the term. The discount rate is 23% a year, applies only to the days remaining until maturity, and only to the discounted share — 10% to 30% of the amount.

What if we only want part of an invoice on credit?

That is what partial purchase is for: finance and settle part of the invoice value and pay the rest in cash. It also covers staged deliveries.

What if the delivered quantity differs from the original invoice?

Tolerance-based purchase and payment covers that. For bulk goods, agricultural produce and commodity exchange trades where the final weight or quantity is not fixed, the amount is adjusted and settled within an agreed tolerance band.

Is new collateral required?

Discounting an instrument the bank has accepted on the buyer's credit does not require fresh collateral from the supplier. Exact terms are set in the programme agreement.

Do we need to change our ERP?

No. Invoices can be pulled from the national trade system, the taxpayer e-invoicing system or your finance software, by API or bulk upload, and partial invoice payment is supported.

Do suppliers need identity checks?

Yes, but entirely online: strong automated authentication (SCA and KYC), invoice authenticity verified against the national trade and taxpayer e-invoicing systems, and a digitally signed agreement. No visits, no paper.

How does the rollout work?

With a specialist alongside you: agreeing the scope, choosing the right product, integrating with your finance system, training your team, then supporting suppliers through onboarding.

How do we get suppliers on board?

Segment first: start with the suppliers who combine the highest purchase volume with the tightest cash position. Then a briefing session and an onboarding guide. You can send them the calculator on this page so they can see the benefit for themselves.

Who inside our company needs to be involved?

Usually four parties: finance and treasury for the cash impact, procurement for the supplier relationship, IT for the integration, and senior management for the credit limit. Programmes that leave one of the four out tend to stall at supplier adoption.

How is this treated on our balance sheet?

The accounting treatment depends on how the agreement is structured and varies by company. We are not accounting or tax advisers; review it with your own auditor and tax adviser before launching a programme.

My question isn't here.

Call +98 21 9100 2230 and a Tejarat Shayan specialist will pick up.

Bring your chain into Ecotam

Register once in the supply chain finance ecosystem, then invite your suppliers or sales agents. A specialist works through the rollout with your finance team.

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