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Clean Payment

Clean Payment

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Making a Clean Payment is the simplest way of making a payment for the import of goods and can be effected via SWIFT.  

This payment method represents different types of risk depending on if you are an importer or exporter and whether there is prepayment involved.

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SWIFT is the medium to make an international funds transfer and represent a method of sending funds and receiving funds for goods via a fast and secure electronic medium.  Clean Payments are usually issued in the currency of the beneficiary’s country of domicile they can be issued in a number of different currencies upon request.  Funds are remitted via the banking system to the beneficiary’s bank and are usually available to the beneficiary within two business days.

(SWIFT: Society For Worldwide Interbank Financial Telecommunication)