Fortis Business

Business Solutions

Documentary techniques

How to trade safely with foreign partners

Exporting often means, for business reasons, granting deferred payment terms to importer clients.  In this situation, exporters are faced with two issues : securing payment by the buyer and making sure that their cash position will not be weakened while awaiting payment.

Importers, on the other hand, need to be sure that the payment will only be made if the documents received from the transporter evidence that the goods delivered correspond to the agreement passed with the seller.

All these issues can be adequately addressed by making use of our documentary solutions.  Decades of experience in this field make Fortis Bank the preferred partner of numerous European companies involved in cross-border activities. 

Last but not least, Fortis Bank offers its clients the comfort of an on-line application that enables them to manage their documentary credits in real time.  Using Click 'n trade, our clients can request the opening of a documentary credit at a preferential tariff, amend an existing credit and follow the processing stages of their credits, to their closure.

In addition, the application delivers tailor-made reporting, according to the criteria chosen by the client (payments, maturity dates, etc.) and keeps a history of all the credits processed over a period of 6 months.