Piraeus Digital Supply Chain Solutions

Take advantage of the innovative Piraeus Digital Supply Chain Solutions services, for the comprehensive support of your needs.

Piraeus Digital Supply Chain Solutions - Trade Payables is a new pioneer service in the Greek banking market through which Piraeus Bank provides to its customers electronic solutions for the management and/or discounting of domestic and foreign suppliers’ invoices.

To whom it is addressed

The service is addressed to Piraeus Bank customers acting as buyers /importers of products and services, enabling them to connect, through an electronic platform, with their suppliers and experience an easy and automated way to support their supply chain needs.

Benefits

  • Provision of automated supply chain solutions
  • Win-win product for both counterparties, enhancing the liquidity:

    • of the supplier through invoice discounting (liquidation of future claims) and
    • of the customer/buyer through the possibility of negotiating deferred payment terms
  • Low administrative costs of platform use
  • Simplified contractual / legal framework
  • Flexibility underpinned by the electronic transfers in euro and foreign currency
  • Access to real time information and reports for all involved parties.
  • Time and cost saving

Access to the electronic platform

"Piraeus Digital Supply Chain Solutions – Trade Payables" program provides the following possibilities:


The services / products are provided under the applicable restrictive provisions to the capital movement and according to the applicable procedure and credit policy of Piraeus Bank

To learn more please contact Transaction Banking Unit: transactionbanking@piraeubank.gr