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Open Account


Pay international trade transactions

Payment of international trade transactions can be accomplished on an 'Open Account' basis where final payment is made, by SWIFT transfer.

Why you need this


eForex - your electronic forex solution


eForex is approved by the South African Reserve Bank and considering that it is backed by the FirstRand Group you simply cannot go wrong by choosing eForex as your electronic Forex solution.

 

What you can do


Pay international trade transactions

Payment of international trade transactions can be accomplished with an Open Account. The seller loses control of the goods as so

Shipping the goods

The seller ships the goods and forwards the documents directly to the buyer.



Clearing the goods

The buyer clears the goods upon arrival.



Payment of the goods

The buyer arranges for payment, either by bank draft or SWIFT transfer.



Getting it made easy


Open Account

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