Comex (Commodity Exchange)

Banco Finansur is your best choice.

Banco Finansur offers a wide range of customized services.

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Money Orders

An economical and simple payment method used in international trade, by which an applicant customer requires an international payment to be made through a bank based in his/her country of origin. At the same time, said bank pays the beneficiary in the destination country through its correspondent bank. Collection of services rendered abroad, investment repatriation.

Features

• The wide range of available technological advances allows us to render services for all transactions.
• Does not require credit rating.

Requirements

• Application Form
• BCRA (Argentine Central Bank) Form
• Affidavit which details the reason why funds have been transferred.s

Transfers

An economical and simple payment method used in international trade, by which an applicant customer requires an international payment to be made through a bank based in his/her country of origin. At the same time, said bank pays the beneficiary in the destination country through its correspondent bank.  Fee Payment. E.g.: Business and technical services rendered abroad, transfers for accumulation and/or foreign investment, loan cancellation.

Features

• The wide range of available technological advances allows us to render services for all transactions.
• Does not require credit rating.

Requisitos

• Application Form.
• BCRA (Argentine Central Bank) Form.
• Affidavit which details the reason why funds have been transferred.

Cheques Drawn on the US and Europe

Cheques issued for international payments as formal negotiable instruments offer each party a less expensive and alternative payment method which, at the same time, leaves formal proof of the transaction.  Said cheque is drawn by the buyer, collection management is required by the seller or supplier of a service to Banco Finansur.

Features

• Cheques drawn by the buyer/payer him/herself on their own account; this entails a higher risk level for the person who would like to cash said cheque.
• Cheques issued for payment of international transactions, as formal negotiable instruments, offer each party a less expensive and alternative payment method which, at the same time, leaves formal proof of the transaction.  Said cheque is drawn by the buyer, collection management is required by the seller or supplier of a service to Banco Finansur. There are two types: 1) cheques drawns by the buyer / payer him/herself on his / her own account; this entails a higher risk level for the person who wants to cash said cheque. 2) Cheques drawn by an international bank; this assures the buyer a higher security level.

Requirements

• Application Form
• BCRA (Argentine Central Bank) Form
• Affidavit which details the reason why funds have been transferred  

Documentary Credit

Un Banco (Banco Emisor) actuando por cuenta y a pedido del comprador/ importador se compromete de manera irrevocable ante el vendedor -generalmente un exportador- a pagar, aceptar o negociar los documentos que usualmente representan la titularidad de la mercadería (Facturas y documentos de transporte). Banco Emisor utiliza la asistencia de un Banco Intermediario en el país del exportador. Si este último Banco es además requerido de confirmar la Carta de Crédito, todos los riesgos del vendedor estarán cubiertos en la medida que presente la documentación como le fuera requerida.

Características

• Protege a su empresa de los riesgos comerciales y riesgos políticos, en un cobro o un pago de mercadería .
• Facilita la obtención de financiamiento en ambos extremos de la operación (comprador y vendedor).

Requirements

• Credit Rating.
• Authorization Certificate issued by Customs which states that company / person is certified to act as importer / exporter.

Foreign Trade Financing  

Financing lines for imports and pre or post export shipment.

Export Pre-financing

• The flexibility of our credit lines allows clients early access to shipment of goods since the cost of inputs, as well as working capital, necessary for the preparation of goods for export is already covered for in advance.

Requirements

• Credit Rating Documentation.
• Support Documentation.
• Request Forms.

Export Post-Financing

• Once export goods are on board, documentation related to shipment is enough to obtain – by our customized financing product line- favorable financing until goods are properly settled or paid for by the client.

Requirements

• Credit Rating Documentation.
• Support Documentation.
• Request Forms

Shipment Documentation Purchase with or without resources

• According to the method of payment chosen for the transaction, be it Collection or Documentary Credit respectively, Banco Finansur is prepared to offer complete shipment liquidity so that you can offer your clients term financing without the need to carry the burden of financing costs. In the case of transactions without resources, credit lines with the bank are not affected.

Requirements

• Credit Rating Documentation
• Support Documents
• Request Forms

Import Financing

• Our range of available options, for example direct payment or documentary credit payment, allows clients to get from their suppliers cash prices in all cases and the possibility of financing said amounts in the number of installments they consider most suitable according to their trading capital.

Requirements

• Credit Rating Documentation.
• Support Documentation.
• Request Forms