Senegal collection profile

senegal-bnr

 

Collecting in Senegal

  • The payment behavior in Senegal is poor, with payment terms usually stating 30 days, while payments are typically made within 60 days in practice.

  • Late payments are susceptible to a 1% interest charge, though a judge can impose a different rate following assessment of the damage suffered by the creditor.

  • The Civil Law in Senegal is inherited from the French Civil Law, which also features case law and customary law adaptations.

 

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    senegal

    Senegal

    Collection complexity

    high-2


    Collection relating to

    Payments
    $-4
    Court
    proceedings
    Gav-2
    Insolvency
    proceedings
    Arrow-2
     

    Publications about Senegal

    › All publications about Senegal