Documentary Remittance

Make your international transactions easier!

For imports, the Documentary Remittance allows you to pay your supplier by simply activating the transfer order and to quickly collect your imported goods. For exports, it facilitates the collection of funds in exchange for the documents required by your customer's bank.

4 good reasons to choose us

Efficient: document management is operated by BANK OF AFRICA
Simple: your supplier is paid by activating the bank transfer
Secure: payment is activated only after verification of documentary compliance
Fast: the Documentary Remittance ensures that contractual deadlines are respected

Your questions, our answers

To qualify, you must be a goods or services company, operating in the import or export business. For more information, please contact your customer advisor which will provide answers to your questions.

The Documentary Remittance is a cheaper and less formal method of payment for imports compared to the documentary credit. In addition, the payment is secure as the transfer is made via the Swift network.

More secure than the simple transfer, less formalistic and costly than the documentary credit, the Documentary Remittance makes it possible to obtain payment from foreign customers in a shorter period of time. In addition, this solution offers the possibility to finance the collection delays by discounting bills drawn on foreign customers.