BNDES

#Bank Transfer#Open invoice

The BNDES (Banco Nacional de Desenvolvimento Econômico e Social) is a Brazilian financial institution that plays a crucial role in the economic and social development of the country. BNDES […]

Certified payment providers N/A
    Market coverage 1
    • Brazil
    Currencies 4
    • Euro
    • Japan Yen
    • United Kingdom Pound
    • United States Dollar
    Description

    The BNDES (Banco Nacional de Desenvolvimento Econômico e Social) is a Brazilian financial institution that plays a crucial role in the economic and social development of the country. BNDES offers a variety of financial products and services to support investment projects, innovation, exports, and sustainable development in Brazil.

    Regarding payment methods, BNDES provides different options to facilitate financial transactions. One of these methods is “direct financing,” where BNDES provides direct loans to companies and projects, which are then repaid with interest over a specified period.

    BNDES also offers a range of specific “credit lines” for different sectors of the economy. These credit lines can be used to finance investments, exports, innovation activities, infrastructure projects, among others.

    For international transactions, BNDES facilitates payments through its online payment platform called “Siscomex Pagamento.” This platform allows Brazilian exporters to receive payments in foreign currencies and facilitate international trade transactions.

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    Frequently Asked Questions

    What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

    NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

    What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

    Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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