How will my suppliers get paid?

If the supplier's invoices are paid early, they will receive a transfer to the account provided. If it decides to wait until each invoice is due, via transfer (if we have the account) or check.

How far in advance do I have to set up a payment order?

To make sure the payment is made on time, a payment order has to be created at least 3 working days before it is due. For example, if you have a bill dated March 6, you will have to let us know by the 3rd at the latest.

How can you request the advance if you are a supplier?

Once reverse factoring is activated, suppliers will be able to collect on their invoices early. If they have an account at BBVA, they can do it directly through Online Business Banking, and if they don't, they can go into the Confirming Space , in the private area for non-customers of bbva.es.

International Reverse Factoring

Simplify and finance import payments if you need to.
Allow your international suppliers to advance their receivables.
Reduce the time you spend arranging international payments.

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The two sides of international reverse factoring

Advantages for customers that use international reverse factoring

Through reverse factoring, BBVA can pay your foreign supplier on the agreed date, or offer to pay it in advance. Plus, if you need it, when that date arrives, you can defer the payment (BBVA will pay the bill and defer your payment).
Advantages for suppliers

If you are a supplier and you want to get paid without having to wait 60 or 90 days, you can do this through your client's reverse factoring. How? BBVA will pay it in advance, minus an amount for fees and interest.

Here's an example:

A multinational company takes out an international reverse factoring facility. In March, you purchase supplies from two supplier companies, one in France and one in China. The company undertakes to pay the two invoices in 90 days.

The French supplier prefers not to wait, so through the reverse factoring of the multinational business, it gets paid early in exchange for an amount that includes fees and interest.

The Chinese supplier decides to wait 90 days. The payment comes due, the multinational company decides to defer the payment, meaning that BBVA pays the supplier and defers that payment for the multinational.

Receivables and payables in 21 currencies

The management of international payables and receivables in different currencies is complex. International reverse factoring allows you to operate in multiple countries and currencies as if you were doing in Spain.

A personal adviser at your side

Specialists to answer your questions

Our team of specialists in trade finance will make your international transactions easier. Your adviser will help whenever you have questions on financing imports.
Count on our experience
You will have a specialized personal adviser at your disposal. You can rely on your adviser to answer questions about your international activity and thus minimize any potential risks.

No added cost.

Get the information when you need it.

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Are you interested in requesting an international reverse factoring facility?

From here you can send a form to have us call you to explain the details and, if you are interested and it's viable, open a facility.

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Would you like more information?

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