Assignment of Receivables Abroad
A debt collection overcoming the payment deadlines of your foreign customers
Your company makes exports and you give deadlines to your foreign buyers? BANK OF AFRICA allows you to take advantage of this compromise.
The Assignment of Receivables Abroad is a simple procedure that allows exporters to receive the amount of short-term debts which they hold on their business partners abroad:
- It is a cash credit in Dirhams following the assignment of a debt in foreign currency granted to your company
- The funds can be received immediately after the creation of the debt in foreign currency. That is to say, at the exportation of goods
- BANK OF AFRICA guarantees an advance of all or part of the amount of the export contract
- Your cash flow thus balanced allows you in turn to pay your local suppliers respecting the deadlines
Give life to your business at export in all tranquility with the BANK OF AFRICA Assignment of Receivables Abroad solutions.