As opposed to a simple payment order, the conditional payment order (CPO) helps you to ensure that the beneficiary of the payment will only collect the amount after fulfilling all the conditions imposed by you within the payment instrument.

Upon your request, BCR instructs the beneficiary's bank to credit the beneficiary’s account with the relevant amount  only after all the conditions have been fulfilled based on presentation of documents, statements, a.s.o..

In the event that you are the beneficiary of the payment, the above process is reversed, meaning that BCR will credit your account only after fulfilling all the conditions specified in the CPO.

• It is an optimal solution for the applicant, since he is assured that the beneficiary will be paid only after the conditions have been fulfilled.
• Advantageous costs
• Simple, straightforward transaction
• The payment order has a maturity/expiry date
• You are in control: in the event that the conditions are not fulfilled until maturity, the amount is returned to the applicant