Financing solution for companies in international operations

Export advance1 is the solution to finance your international payments every time you make a sale abroad, whether it is in euros or in another currency. An option that will allow you to:

  • Show the world a solvent image of your company allowing you to sell over the long term, bringing forward your receipts via any of the means of payment.
  • Monitor all your operations (check accounting settlements, copy of Swift message, shipping documents, etc.) through electronic banking.
  • And get finance at more attractive interest rates in certain currencies (if you have a return of these).
  • The ability tohedge your exchange rate differences.

How does Export Advance work?

The export advance payment makes the internationalisation of your company easier by offering you very attractive conditions:

  • Financing is linked to specific exports.
  • We advance the total or partial amount of the operation when the merchandise is shipped.
  • You have currency solutions in the case your collections are from countries outside the Euro Zone and you suffer an exchange risk.
  • You will receive support and advice from international business specialist managers.
  • You will have facilities in the management and the option to finance international collections.

Banco Santander's Export advance is a fast, safe and transparent service, which allows you to take control of all operations online.

What are the modalities?

Payment method Document to be financed Financing instrument



Advance invoice payment* ICO Exporters

Cheque/Commercial document

Bills of exchange, promissory notes, documentary credits

Forfaiting, purchase without recourse regulated by the ICC, URF 800 **

Simple Remittance/Euro payment

Financial Documents/Electronic Receipt

Simple Remittance Advance Payment**

Documentary Remittance

Commercial documents

Documentary Remittance Advance Payment*

Documentary Credit

Documents of Use

Documentary Credit Advance Payment**

*Invoice: these must be invoices for sales made, and presentation of the Transport Document will be required. In other words. The request must be a Pre-export financing operation.
**Financing also possible through International Factoring.

How do I sign up for the Export Advance?

The specific terms and conditions of the Export Advance are customized for each customer. Check with your manager at your nearest Santander branch or call the Comex Specialist Centre on 91 600 99 00 to find out more about them and take out your Export Advance.

What will you find when financing your international collections with Banco Santander?

At Banco Santander you will find an ally to finance the international projects you want to carry out with your company, as well as to speed up your international transactions.

To do this, in addition to all the technological and financial capabilities, you will have a team of specialist managers, available in your office or through remote personal managers in the Comex Specialist Centre.

In addition, you will be able to work in more than 40 currencies, and count on Grupo Santander's digital capabilities, which will allow you to anticipate your international sales anywhere and at any time (24 hours a day, seven days a week).

Shall we discuss it?

If you would like more information, visit any of our branch offices.


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