Discusses the most common methods of payment, such as open account, letter of credit, cash in advance, documentary collections, factoring, etc. Includes credit-rating and collection agencies in this country. Includes primary credit or charge cards used in this country.
Last Published: 8/19/2019

Mauritius has a well-developed financial system.  Payments for import transactions are generally made through letters of credit, depending on the exporter’s payment experience with the buyer.  The terms of payment as well as the currency of payment should be clearly specified.  An open account can be a convenient method of payment if the buyer is well established and has a favorable payment record.

For new customers, it is advisable to do a credit check through the U.S. Department of Commerce’s International Company Profile service.
To apply for this service, interested U.S. firms should contact their nearest Export Assistance Center.  More information can be found online.
 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.