Angola Express Line
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Financing of exports to Angola when the importer is a BFA Client.

Background

Credit to the exporter: discount without recourse to the exporter, up to 100% of the amount exported (less interest and expenses). BFA assumes the importer's risk, and BPI, upon notification of the respective documentary credit, confirms or advances in Portugal up to 100% of the exports' amount.

Advantages

Financing of consumer and intermediate goods.

Beneficiaries

Exporting companies that are Clients of BPI in Portugal and whose counterparty in Angola is a Client of BFA.

Term

Same as for the credit approved to the importer.


Notas

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