Go to main content
BBVA Portugal
  • Individuals
  • Companies
  • Log in to BBVA Net Cash Log in to BBVA Net Cash Log in to BBVA Net Cash
  • Menu Close
Products
Home
  • Business Account
  • Payments and collections
    Payments and collections
    Point of sale terminals MB WAY
  • Financing
    Financing
    Short term
    • Short Term Loans
    • Factoring
    • BBVA Reverse Factoring
    • Guaranteed Current Account
    • Authorized overdraft limit
    • Treasury Loans
    Medium and long term
    • Medium and Long Term Loans
    • Equipment Leasing
    • Mortgage Credit
    Sustainable Financing
  • International Trade
    International Trade
    Import financing Export financing Forfaiting Payments and collections Documentary remittances Bank guarantees Letters of credit
  • Cards
  • Insurance
Digital services
  • Português
  • Español
  • English
Individuals Companies
  • Home
  • Business Account
  • Payments and collections
    Payments and collections
    Point of sale terminals MB WAY
  • Financing
    Financing
    Short term
    • Short Term Loans
    • Factoring
    • BBVA Reverse Factoring
    • Guaranteed Current Account
    • Authorized overdraft limit
    • Treasury Loans
    Medium and long term
    • Medium and Long Term Loans
    • Equipment Leasing
    • Mortgage Credit
    Sustainable Financing
  • International Trade
    International Trade
    Import financing Export financing Forfaiting Payments and collections Documentary remittances Bank guarantees Letters of credit
  • Cards
  • Insurance
Click enter
Suggestions

    Opportunities

    • International coordination

      International coordination

      We want to help your company grow and to be part of its international expansion.

    • MB Way

      MB Way for Companies

      Collecting from your customers is even easier, faster, and more secure.

    • E-commerce Solutions

      E-commerce Solutions

      Online payment solutions to increase your store's sales.

    BBVA Net Cash app
    Your company's financial management, wherever you are. Check transactions, enter and sign transfers, configure alerts, and much more.
    More info
    Digital services
    Log in to BBVA Net Cash Log in to BBVA Net Cash Log in to BBVA Net Cash
    • Português
    • Español
    • English
    Click enter
    Suggestions
      ADVERTISEMENT
      MM/DD/YYYY

      Documentary Remittances

      Reduce the commercial risk of your international activity.

      We carry out international collections for your company and manage the respective documentation.

      • Greater security in collection.
      • In the event that a foreign customer does not pay, as an exporter, you will have an accepted executive document in your possession in order to claim payment.
      Talk to us

      What is a Documentary Remittance?

      A Documentary Remittance is one of the most used means of payment in international trade. 

      The "Remittance" or "Collection" consists of the processing of financial and/or commercial documents from the foreign party, carried out by a Bank on behalf and order of its Customer (Exporter) and according to the instructions received, in order to:

      • obtain payment and/or acceptance;
      • submit documents against payment and/or against acceptance;
      • submit documents under other terms and conditions.

      It is a product that is used when there is already some degree of confidence between the economic agents. Thus, it allows you to reduce the commercial and financial risks inherent to your international activity. The exporter trusts in the importer's capacity to fulfill the agreed payment dates, and the importer trusts that the exporter will execute dispatches on the stipulated dates.

      Types of Documentary Remittances

      • Depending on the constituting documents, Documentary Remittances can be designated as:
        • Clean Remittances: involves the collection of financial documents (bills of exchange, promissory notes, checks, or others).
        • Documentary Remittances: implies the collection of financial and commercial documents (Invoices, Contracts, Bills of Lading, among others).

      Advantages

      See the advantages of Documentary Remittances
      • As an exporter company
        • You keep possession of the goods until payment or acceptance of the bill, provided that the commercial documents that transfer ownership were not previously remitted to the importer.
        • You save time since it is the bank that processes the documentation.
         
        as an importer company
        • Control over payment.

      Collection Modalities

      Find out about the Collection Modalities related to Documentary Remittances.
      • Main Collection Methods:
        • Documents Against Payment (Cash Against Documents) - the Presenting Bank (Drawee Bank) must only deliver the documents to the drawee (importer) against payment of their value.
        • Documents Against Acceptance (Documents Against Acceptance) - the Presenting Bank (Drawee Bank) must only deliver the documents to the drawee (importer) against acceptance of the accompanying bill, which implies deferred payment. 

      Costs

      Learn about the inherent costs of Documentary Remittances.
      • Fees

        See the price list for BBVA Documentary Remittances in point 16.1

      Contact Us Companies

      BBVA Helpline

      Your bank always on hand

      +351 21 391 14 16

      (calls to
      national landline)

      All there is to know about the BBVA Helpline

      Support for Businesses

      Contact us by email

      empresas.pt@bbva.com

      Your question will be promptly answered or forwarded.

      Contact us via email

      BBVA Replies

      Via the form

      BBVA Replies will answer you

      For those who prefer not to send an email.

      Fill out the form

      Branch network

      Visit us in person

      BBVA Branches

      Find your nearest BBVA branch.

      BBVA Branch Network
      Offer valid for the current month
      1. International Trade
      2. Documentary remittances
      Footer
      • CUSTOMERS

        • Why Business Banking?
        • Online Banking
        • Payments and collections
        • Financing
        • International Trade
        • Cards
        • Insurance
      • Customer information

        • About us
        • Information on non-compliance
        • Dispute Settlement
        • Quality and Complaints
        • MiFID
        • Shareholder Engagement
        • Sustainability
      • OTHER BBVA WEBSITES

        • BBVA Careers
        • BBVA Newsroom
        • BBVA Research
        • My Pension
        • BBVA Asset Management
        • Portfolios
      • Need help?

        Already familiar? 
        Security Recommendations

        If your issue is urgent (such as cancellation of cards) use the BBVA Net and Cards Line.

        BBVA Branch Network

        Corporate Customer Support
      BBVA Portugal Logo
      Legal information
      Secure connection
      Cookies
      Privacy Policy
      Payment services
      Complaints Register
      BBVA Portugal Price List
      • Português
      • Español
      • English

      © 2023 Banco Bilbao Vizcaya Argentaria S.A. - Portugal Branch

      Creating Opportunities