By purchasing bills of exchange of your domestic and foreign customers and those of your company, you obtain working capital before the maturity date, which positively affects your liquidity. When purchasing bills of exchange of a company, you can define the nominal amounts and maturity dates of the bills of exchange, creating a credit product whose repayment frequency ideally fits in with the cash flows of your business. The maturity of the bills of exchange can be over one year
By purchasing bills of exchange of your customers or debtors who issued them in your favour or endorsed you, you may link the claims for a shorter period of time as well as enter into new transactions with customers who have requested an extension of payment deferral. You can also arrange with your debtor how and who will settle the interest expense.
Transaction account overdraft enable flexible and easy withdrawal of all necessary liquid funds and function under the principle of current account overdraft for retail clients. They are used to finance occasional needs for additional working capital and occasional liquidity maintenance.
Save time and be completely independent from the location you find yourself on. Track your account balance, pay invoices by scanning a part or the entire invoice and sign transactions on the go.
Make your own financial management easier.