Remesas de importación

  • Means of payment chosen by buyer and salesman

    When your reliable relationship is further consolidated

  • Documents are not reviewed by the technical experts Margin of negotiation with your suppliers It provides you with legal protection

    Advantages of Import Remittances

    A remittance (simple or documentary) is the means of payment chosen by buyer and seller when their relationship of trust is more consolidated. There is a medium degree of trust between them.

    Unlike the circuit of the documentary letter of credit, it is the exporter who initiates the operation by sending its financial institution financial and/or business documents charged to the importer (buyer) in order to collect payment for them.

    Types of Remittance

    Clean remittance: includes only financial documents (bills of exchange, cheques, promissory notes). Your suppliers present in payment management those documents (cheques or promissory notes) that you have given them as payment for merchandise or a service, or they present bills of exchange or automatic payments charged to you.

    These documents can be:

    • On demand.
    • Term.

    Documentary remittance: in addition to financial documents, it also includes the business documents that usually indicate ownership of the merchandise (invoices, transport documents, etc.).

    • Against payment: Bankia you will only deliver commercial documents to you on payment for them.
    • Against acceptance: Bankia will hand over the documents to you against the acceptance of the bond with deferred payment presented by your supplier.
    • Against the issue of a bank guarantee.

    It differs from the letter of credit in that the obligation of the importer's bank (in our example, Bankia), unless the guarantee of a bill is required, does not go beyond following the instructions received from the presenter. It is a custody of documents and of the completion of the payment when they have been delivered.

    Of interest to you as an importer

    • If the remittance is documental, the documents usually demonstrate the shipment of specific goods.
    • Documents are not reviewed by the technical experts of financial institutions.
    • When the financial document that is received in the remittance is a bill of exchange or corporate bond, Bankia will manage the payment of fiscal stamps according to the provisions in the Tax on Stamp Duty.
    • This payment method enables you margin for negotiation with your suppliers if remittances have deferred payment and guaranteed financial documents (it is necessary to have the Comercio Exterior Facility), since it enables Bankia to make them an offer of Forfaiting.
    • It provides you with legal protection, as the remittances are governed by specific regulations of the International Chamber of Commerce URC 522).