Discounting Facility
In order to avoid facing gaps in the cash flow due to clients negotiating long term payment on the sales of products or services, BCP Bank (Mauritius) provides a discounting facility. This facility enables the bridging of this gap until payment is effectively settled. This working capital facility provides a cash advance on commercial bills (Bill of exchange, Letter of credit, Invoices).
Treasury cash advances can reach 80% to 90% of your billings pending payment* (excluding VAT)
Term limits
- The term is predetermined and can be extended from 30 to 180 days*.
Benefits
- Possibility of multicurrency financing*
- Immediate working capital, releasing cash for the payment of your company’s financial needs.
- Personalised service and follow-up by your Relationship Manager.
*Conditions apply, subject to approval of application by the Bank.
More information?
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Please call on any one of our branches or contact your Relationship Manager.
You may also call our Customer Relationship Center on 207 1000.