Your company is engaged in international trade, whether importing or exporting? Do you wish to ensure on time payment from your international clients or the settlement of invoices to your suppliers?

BCP Bank (Mauritius) offers the documentary remittance facility: a payment technique offering increased flexibility for the financial management of trade transactions.

For importation

As an importer, the Import Documentary Remittance offers an international payment technique which allows the supplier to be settled with the required payment on a cash or term basis, upon presentation of the documents representing his debt towards the Bank.

Import Documentary Remittance presents advantageous solutions to importers:

• It further secures your imports
• It ensures the reception of your importations, in strict accordance with contractual terms.

For exportation

As an exporter, the Export Documentary Remittance offers an international payment technique which ensures the required settlement for the exportation of your goods upon submission of your documents by the Bank to your client’s bank. This document specifies under which conditions and at which moment these documents are to be handed over to the buyer.

The Export Documentary Remittance presents advantageous solutions to exporters:

• The goods you export will be delivered to the client solely against a draft or upon the assurance that payment is effective;
• Risk of non-payment is reduced as a documentary credit represents increased payment assurance for your exports.
• You benefit from our international network and local expertise. Your documents are directly transmitted to the buyer’s bank.

Eligibility

A company engaged in international trade, either importing or exporting, reporting an annual turnover exceeding MUR 50 million.