Import - Export Settlement

Come to one of our branches to talk about the exports you intend to make to third countries or your sales within the European Union and we can tailor our products and services to your needs.

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Import payments, irrespective of currency and amount, especially in cases where the goods have already been or are to be received by the importer-customer without the intermediation of a bank, are fully assimilated, in terms of procedure and invoicing, to other payments relating to the movement of capital.

The following categories of import payments are excluded from the above rule, which are serviced on the basis of the procedures provided for foreign trade:

• Where a settlement certificate is required.
• When the payment is linked to a Value for Money on the basis of commercial and/or financial documents, the assignor of which is a bank, a transport company or the seller of the goods.
• When a commercial agent mediates the transaction.
• When the transaction is covered by a letter of guarantee.
• When the transaction involves a letter of credit.
• Where the payment relates to the repayment of a forward commitment for which an import file is held.
• When it is an advance payment, the development of which will fall into one of the above categories.