Banking and securities law
Bank discounting: definition, how it works and what's at stake for your company
By Charlotte GAUCHON30 April 2025Your company is waiting for late payments from customers, and cash flow is tight: bank discounting allows you to mobilise your receivables before they fall due by transferring your bills of exchange to your bank. This short-term financing mechanism, which is different from factoring or cession Dailly, is governed by precise legal rules. We explain how it works, its costs and risks, so that you can use it with full knowledge of the facts.
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