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.

Chad has a cash-based economy.  Credit cards and personal or company checks will generally not be accepted as methods of payment.  Some hotels now accept international credit card payments. Traditional financial instruments, including letters of credit, collections, and funds transfers, are available within Chad or in conjunction with foreign banks.  Short, medium, and long-term financing is available through commercial banks.  Multilateral lending institutions, e.g., the World Bank, African Development Bank (BAD), European Development Fund (FED), and Islamic Development Bank, finance public sector investment. 
 

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