A SOLUTION FOR EVERY NEED

What is a documentary letter of credit?

Documentary credits are a payment method that ensures that the exporter receives payment immediately after the goods have been sent. Documentary credits are a guarantee. The bank issuing the documentary credit guarantees that the exporter will receive payment once the terms of the documentary credit have been met.

The International Chamber of Commerce (ICC) in Paris has drawn up the Uniform Customs and Practice for Documentary Credits. This set of rules is recognized worldwide and specifies the payment obligations of banks and their obligations to handle documents under documentary credits.

The bank is only responsible for handling documents and is not responsible for the goods or the project to which the documents relate.

Advantages for the importer:

<ul>
	<li style="text-align:justify">Provide reassurance to suppliers through Solidaire Banque&#39;s irrevocable commitment to pay the amounts due.</li>
	<li style="text-align:justify">Pay only upon the presentation of compliant documents, reviewed and verified by Solidaire Banque.</li>
	<li style="text-align:justify">The importer can expect the goods to be delivered.</li>
</ul>

Advantages for the exporter:

<ul>
	<li style="text-align:justify">Benefit from a payment commitment from the issuing bank.</li>
	<li style="text-align:justify">Hedge against the risk of default as well as country risks by requesting confirmation from Solidaire Banque.</li>
	<li style="text-align:justify">Receive payment in due time.66</li>
</ul>

Letter of Credit

Solidaire Banque offers you a fast, secure, and reliable solution for conducting international operations, thus guaranteeing the satisfaction of your business partners.

This solution is ideal for professional clients working in the import-export sector, seeking to support their commercial activities by making international transfers from Solidaire Banque to their supplier&#39;s bank.

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Solidaire Banque is affiliated with the SWIFT network, guaranteeing &nbsp;transparent and secure fund transfers under the SWIFT code SLIBCDKI.

Outgoing Transfers :

<ul>
	<li>The complete account number of the beneficiary (IBAN).</li>
	<li>Full Bank name and branch location</li>
	<li>Full name and full address of the &nbsp;beneficiary.</li>
	<li>Any proof of payment or document substantiating the transaction.</li>
	<li>The SWIFT address (BIC) for Solidaire Banque is SLIBCDK</li>
</ul>

&nbsp;

Incoming transfers

<ul>
	<li>The SWIFT address (BIC) for Solidaire Banque is SLIBCDK</li>
	<li>Full name of the beneficiary</li>
	<li>Solidaire Banque&rsquo;s branch where the account is opened.</li>
	<li>The beneficiary&#39;s IBAN</li>
	<li>Any proof of payment or document substantiating the transaction.</li>
</ul>

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Our network of correspondent banks

<table border="1" cellspacing="0">
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			Access Bank
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			<td style="width:168.2pt">
			South Africa
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			<td style="width:149.85pt">
			BATHZAJJXXX
			</td>
		</tr>
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			<td style="width:151.75pt">
			Aktif Yatirim Bankasi &ndash; Aktif bank
			</td>
			<td style="width:168.2pt">
			Turkey
			</td>
			<td style="width:149.85pt">
			CAYTTRISXXX
			</td>
		</tr>
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			<td style="width:151.75pt">
			Banque Internationale Arabe de Tunisie - BIAT
			</td>
			<td style="width:168.2pt">
			Tunisia
			</td>
			<td style="width:149.85pt">
			BIATTNTTXXX
			</td>
		</tr>
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			<td style="width:151.75pt">
			BGFI
			</td>
			<td style="width:168.2pt">
			France
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			BGFIFRPPXXX
			</td>
		</tr>
		<tr>
			<td style="width:151.75pt">
			United Bank for Africa &ndash; UBANY
			</td>
			<td style="width:168.2pt">
			New York, USA
			</td>
			<td style="width:149.85pt">
			UNAFUS33XXX
			</td>
		</tr>
	</tbody>
</table>

International transfers

Solidaire Banque commits to providing the necessary documents to the supplier to ensure the smooth execution of the company&#39;s international transactions.

Advantages of documentary remittance

<ul>
	<li style="text-align:justify">Security: Documentary remittance provides a secure way of conducting international transactions. Solidaire Banque experts review all the documents to attest that they are in order, thus reducing the risk of fraud or non-compliance. Then the payment is made to the supplier.</li>
	<li style="text-align:justify">Simplicity of Funds Transfer: Funds are transferred to the supplier through a straightforward process, simplifying the payment procedure and making it easier for both parties, in accordance with the contractual deadlines and terms agreed upon between the buyer and seller.</li>
	<li style="text-align:justify">Improved Supplier Relationships: Reliable and secure payment methods through documentary remittance can enhance relationships with suppliers, as they will trust to receive payment upon compliance with the agreed-upon terms.</li>
	<li style="text-align:justify">Transparency: Documentary remittance offers transparency in international transactions, as all parties have a clear understanding of the terms and conditions that must be met for payment to be released.</li>
</ul>

Documentary remittance

In the context of international transactions, you may be required to demonstrate your financial solvency.

Solidaire Banque commits irrevocably through the bank guarantee to provide your supplier with a written commitment thus ensuring to ensure that a specific obligation will be fulfilled.

It serves as a form of assurance or security for the beneficiary, typically in cases where there may be doubts about the obligor&#39;s ability to fulfill their obligations, after careful examination of the submitted documents.

Solidaire Banque offers you various tailored guarantee models to meet your specific needs

Solidaire Banque vous offre plusieurs mod&egrave;les de garanties taill&eacute;es sur mesure de vos besoins :

<h5 style="text-align:justify">Performance guarantee</h5>

You can now easily participate in public tender!

Your public procurement contract is guaranteed by the issuance of a performance bond to the relevant authority.

<ul>
	<li style="text-align:justify">After awarding a contract, a buyer often chooses to hedge themselves from any potential shortcomings that might arise during the project implementation phase by a service provider.</li>
	<li style="text-align:justify">The performance bond then protects the buyer against potential shortcomings by the supplier regarding the execution of the project.</li>
	<li style="text-align:justify">The funds obtained through this guarantee can potentially be used to rectify any deficiencies or to complete the work that has been started in case of problems.</li>
	<li style="text-align:justify">For more detailed information regarding the performance bond, please contact your customer relationship agent or visit our nearest branch</li>
</ul>

<h5 style="text-align:justify">Bid Guarantee</h5>

You can now easily participate in public tenders!

Your public procurement contract is guaranteed by the provision of a bid bond by Solidaire Banque. This is in case you refuse to sign the contract or fail to provide the typically required performance guarantee.

In such an event, the beneficiary will receive compensation to carry on the disrupted process.

Letter of guarantee

Pay your road tax today!

Solidaire Banque offers you the opportunity to settle your road tax at all of its branch locations. You will receive the road tax sticker and your payment certificate immediately.

Required documents:

<ul>
	<li>Vehicle papers</li>
	<li>Identification document</li>
</ul>

Road Tax payment

Now it is possible to pay the following taxes at your branch quickly, safely, and easily:

<ul>
	<li>Provisional payments</li>
	<li>Value Added Tax</li>
	<li>Rental Income Tax</li>
	<li>Customs Clearance</li>
	<li>Tax on Salaries</li>
	<li>Profit and Income Tax.</li>
</ul>

Required documents:

<ul>
	<li>Tax Payment Notice</li>
</ul>

Why pay your taxes at Solidaire Banque?

<ul>
	<li>Quick processing times</li>
	<li>Issuance of the payment certificate on the same day</li>
	<li>Ease of operations</li>
	<li>Service available throughout the year</li>
	<li>Possibility to pay on behalf of a third party, provided you have the tax payment notice.</li>
</ul>

Payment of taxes, duties, and fees

ALWAYS THERE

BY YOUR SIDE

Solidaire Banque allows you to easily transfer and receive money with its Western Union transfer service!

To send funds:

<ul>
	<li>Visit the branch with your identification.</li>
	<li>Specify the complete name of the beneficiary, as it appears on their identification.</li>
	<li>Specify the beneficiary&#39;s country of residence.</li>
</ul>

To receive funds:

<ul>
	<li>Visit the branch with your identification.</li>
	<li>Provide the agent with:
	<ul>
		<li>Your MTCN control number</li>
		<li>The expected amount</li>
		<li>The complete name of the sender</li>
		<li>The sender&#39;s country of origin.</li>
	</ul>
	</li>
</ul>

Western Union Payment

Ideal for the company and for the staff!

This service facilitates the direct transfer of payroll from the company&#39;s account to the employee&#39;s bank account, ensuring safe and secure payment of employee salaries in a timely manner.

Advantages:

<ul>
	<li>Available in USD and CDF</li>
	<li>Efficient payroll management</li>
	<li>Risk reduction through electronic salary processing</li>
	<li>Employees can benefit from the full range of banking services offered by the bank.</li>
</ul>

Salary Domiciliation

1. Loan

Expand Your Business!

Solidaire Banque&#39;s term loan allows businesses to expand and promote their activities. Whether it&#39;s for the purchase of new equipment, the launch of a new product line, or the opening of a new retail location, Solidaire Banque enables you to realize your projects without depleting your current funds. The loan will be granted at an interest rate determined by the term and amount of the loan provided.

For more information, please contact your customer advisor or visit the nearest branch with your company&#39;s constitutive documents, financial statements for the last three years, and a feasibility study for the project in question.

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2. Cash advance

Tailored to your business needs, the cash facility allows you to cover your expenses and replenish your budget within authorized limits. Once the amount is made available, you are free to use it or not, depending on the evolution of your business activities. Interest is calculated based on the period during which the facility is used and the amount you have actually used.

The cash facility is renewable according to the terms of the contract agreed upon with the bank. For more information, please contact your customer advisor or visit the nearest branch with your company&#39;s constitutive documents and financial statements for the last three years.

3. Cash advance

We all experience challenging times despite our ongoing efforts at anticipation and planning. To address this, Solidaire Banque has introduced the overdraft service designed to help improve your situation!

<ul>
	<li>Current account with a predetermined limit and direct access</li>
	<li>Available to all types of companies</li>
	<li>Release of funds as needed</li>
	<li>Working capital financing</li>
	<li>Overdraft limit not to be exceeded.</li>
</ul>

For more information, please contact your customer advisor or visit the nearest branch with your company&#39;s constitutive documents and financial statements.

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SERVICES