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Commercial Papers
 
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Commercial Papers
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Commercial Papers

Optimize your cash-flow by using modern payment instruments. Finance your working capital with money that will be paid into accounts before the maturity of the debt, discounting the commercial papers guaranteed by banks.

The commercial papers (cheques, Promissory Notes and Bills of Exchange) may be used within the settlement of transactions, both directly and within the collection (cheques/Promissory Notes/ Bills of Exchange) or the letter of credit mechanism (bills of exchange/drafts).

The Promissory Note and the Drafts are exchange instruments, offering two major advantages:
  • They are negotiable deeds in circulation through the endorsement mechanism
  • When guaranteed by banks, they can be used as financing instruments (by discounting them before the due date).

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