International
support

In more than 90 countries

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Jean-Guy LARRIVIÈRE
Head of International Desk Africa, Middle East

Support by the
Crédit Agricole group

Last updated: August 2020

The International Desk in Africa, Maghreb and the Middle East provides support to the Group's corporate clients (SMEs) through its privileged banking correspondents, particularly for account openings and local financing in CFA francs.

For non-banking matters, the International Desk offers the support of local law, notary and accounting offices and its partners as well as expertise in business internationalisation.

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Means of payment

With the Ivory Coast

Company cheque

Bank cheque

SWIFT transfer

Promissory note

Documentary remittance

Documentary credit

Usage

Weak / None

Weak / None

Common

Weak

Not recommended

Not recommended

Common

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Advice from the
international desk

General Information

Côte d'Ivoire offers many business opportunities in diversified sectors such as infrastructure, construction, energy, agriculture and agro-industry. Several reforms have been implemented to improve the business climate. The country also has structures that aim to facilitate administrative procedures such as the Single Window for Foreign Trade (SWFT) and the Investment Promotion Centre (CEPECI), which is essential for investors.

For a preliminary market approach, the common practice is to use a commercial agent or an importing distributor.

 

Means of Payment & Banking Specificities

To secure payments, we strongly recommend the use of a confirmed documentary credit with payment on demand or even within 30 or 60 days maximum.

Payment delays are still frequent, most often due to a foreign exchange supply problem during the transfer.

Source: BIRD - BCEAO - Coface - MOCI

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