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Documentary remittance

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Documentary remittance

Solidaire Banque commits to providing the necessary documents to the supplier to ensure the smooth execution of the company's international transactions.

Advantages of documentary remittance

  • 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.
  • 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.
  • 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.
  • 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.