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< Back to questions :: Q&A / Export / Electrical Equipment and Supplies

Termo de Compromisso

Export
Electrical Equipment and Supplies
From Mozambique
To Greece
291 views / 0 experts
Ehsan A.
Sep 10, 2021

What is a termo de compromisso from a commercial bank and when do I need it in Mozambique?

1 answer

Sep 10, 2021

The termo de compromisso is required for import and for export and is related to the Central Bank supervision of exchange controls. It is a document issued by the commercial bank of the importer/exporter, which needs to be submitted to customs, in which the bank confirms that the importer/exporter is their client and that the bank commits to sending the required documentation to the central bank relating to the import/export operation.

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