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Content ID: PR_WCS01_UCM01057392

Angola Express Line

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

Banco BPI | Corporate | Angola Express Line

Banco BPI | Corporate | Angola Express Line

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.


For more information, please go to any BPI Branch or Corporate Centre or contact us.

Observations

This information is provided for advertising purposes and does not constitute a contractual offer; you must read the pre-contractual and contractual information required by law.

Contracting subject to prior approval by the entities involved and subject to the conditions defined according to the risk profile of each operation.

Banco BPI, S.A., Rua Tenente Valadim, 284, Porto, Tied Insurance Intermediary no. 207232431 (registered with the Insurance and Pension Funds Supervision Authority on 31-10-2017 - more details on the registration available at www.asf.com.pt); authorised to carry on insurance business in the Life and Non-Life Branches with the insurers BPI Vida e Pensões - Companhia de Seguros Vida, S.A., Companhia de Seguros Allianz Portugal, S.A. and COSEC - Companhia de Seguro de Créditos, S.A. Banco BPI, S.A. is not authorised to receive premiums or enter into contracts on behalf of COSEC, Allianz or BPI Vida e Pensões and, as an insurance intermediary, assumes no responsibility for the coverage of risks inherent in the insurance contract.