With advance payment, the exporter can avoid credit risk because payment is received before the ownership of the goods is transferred. These are useful when your customer is looking for cover on money paid to you in advance before delivery of the goods or services.

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How it works

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What you get
  • Part or full pre-payment of supplier’s invoice value ahead of shipment or delivery.
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What’s required when you apply
  • Commercial invoice
  • Original Bill of lading / Airway bill
  • Import Declaration form
  • Inspection certificate
  • Customs entry form
  • Formal request / E17 form (BBG Transfer application)
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Need more help?

Call:

Tel: +233 (30) 2429150
Toll free: 0800 222333

Email:

service.excellence@barclays.com

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