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  1. Small and Medium
  2. Corporate
Open an Account
PT EN
Go to homepage
I want to...
Open an Account

ANTICIPATION OF REVENUE

Financing available in local currency that allows you to advance your export revenues, up to 50% of the value of the goods sold

According to the payment date of the Export Documentary Letter of Credit domiciled in ATLANTICO.

The fees and expenses provided in pricing for Lines of Credit and Current Accounts apply.

Amount of Funding Deadline Applicable Commissions

50% of the value of the export letter of credit.

Sectors of Coverage

Financing at a subsidized rate for Customers exporting products advertised in the national program aimed at increasing exports:

  • Honey
  • Coffee
  • Wood
  • Agriculture
  • Livestock
  • Cement
  • Ionized salt and salt extraction
  • Iron ore
  • Alcoholic beverages
  • Fishing products
  • Ornamental rocks
  • Glass packaging
  • Steel processing industry

Acquisition Conditions

  • Companies with organized accounting, with proven turnover and with more than 3 years of activity in the Angolan market
  • Companies exporting or with export potential
  • Companies with active cash collection and TPA service
  • Companies with payment by reference service
  • Companies with at least 10 employees

Movement Conditions

You can operate the Current Account upon presentation of the document proving the shipment of the goods and the goods insurance.

Refund Conditions

Single payment by debit on account once payment of the letter of credit is received. Grace period of principal plus interest until the date of payment of the letter of credit

.

Adhesion and Formalization

For more information consult your Manager

Fiscality

Commissions and consideration for financial services are subject to VAT at the rate of 14%

EXPENDITURE PAYMENT

Financial solution, which allows you to anticipate up to 100% of the expenses in national territory, generated by export activities, such as:Transport; Licensing; Goods Insurance.

According to the payment date of the Export Documentary Credit letter domiciled in ATLANTICO.

The fees and expenses provided in pricing for Lines of Credit and Current Accounts apply.

Amount of Funding Deadline Applicable Commissions

Equal to the total value of the invoices in Kwanzas submitted for payment of insurance, transportation and licensing of the goods.

Refund Conditions

  • Monthly repayment until the date of receipt of the letter of credit payment (Instalments + bullet);
  • After receipt of payment the outstanding amount will be debited in full;
  • Withdrawal of principal is waived;

Acquisition Conditions

  • Companies with organized accounting, with proven turnover and with more than 3 years of activity in the Angolan market;
  • Companies exporting or with export potential.
  • Companies with active cash pickup and TPA service.
  • Firms with payment by reference service;
  • Companies with a minimum of 10 employees;

Movement Conditions

In accordance with your cash requirements by transfer to and from the Current Account.

Adhesion and Formalization

For more information consult your Manager.

Fiscality

Commissions and consideration for financial services are subject to VAT at the rate of 14%.

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