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
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.