Octet gives you up to 60 days of interest-free credit, with 120 days to repay in full.
If you repay the value of your transaction in full within 60 days of your seller being paid, you pay no interest, just Octet's standard Business Transaction Facility service fees. These service fees range from 2.00% - 2.95% of the value of your purchase order.
Properly managed, using Octet's Business Transaction Facility can save your business money. You're certainly better off using interest-free BTF than paying cash for your order via a bank-secured LC or telegraphic transfer. Compared to the cost of establishing bank-secured LCs, using Octet saves you time and money. Add to that the cost of your time and potential opportunities lost due to lack of cash flow and you can quickly see how Octet can benefit you and your business.