Contracts through which Bancomext is obliged to execute, on behalf of an individual, the legal acts requested. The purpose of a mandate may be any lawful act for which the law does not require the direct intervention by the interested party.

Bancomext, in the performance of its mandate, will carefully follow the instructions received and under no circumstance may it proceed against that expressly stipulated in the contract. It will care for the business as its own and will provide timely notification of any event or circumstance that may revoke or modify its mandate.

Designed for

Firms, institutions and individuals directly or indirectly associated with foreign trade, export or import substitution activities, and foreign currency generating sectors including the tourism, transportation and logistics, automotive and maquiladora sectors.

Benefits

• Services based on interest in developing long-term, close relationships between clients and Bancomext, as a fiduciary institution.
• Direct, ongoing contact between the parties, to facilitate reaching the proposed objectives.

Requirements

• Determine the goals and objectives prior to the assessment of the viability of the business to be established.
• After the goals to be fulfilled and the assets to be affected have been specified, a preliminary draft will be elaborated and presented to the client for consideration. When the contents are determined to meet the client’s satisfaction, it must accept the terms of the document.
• The last step is to formalize a contract that clearly establishes the terms and conditions in which the fiduciary institution will fulfill the obligations agreed upon.