(1) A factoring contract shall concern safe, liquid and due trade receivables. However, receivables from
individuals may be the subject of a fac-
toring contract under conditions laid down in a separate instrument.
(2) One or several invoices issued to a customer amounting individually or collectively to at least CFAF 200 000
(two hundred thousand) May be accep-
ted in a factoring contract.
(3) Receivables from companies related to the factor such as subsidiaries and holding companies shall be accepted in a factoring contract only subject to compliance with the regulations in force.
Official text
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In force from 23-04-2014 (date unconfirmed)Source page 2