Yes, we have in Brazil a program with Santander in Brazil for the sale of short term receivables, normally tickets, around USD 30k. I have tried to answer your questions,. I expect to give you more details as soon as I receive the documents/information from our colleagues in Brazil (sales BA team = Isaac)

It is important to mention that all of the process was handled by the local SFS treasury team, which is the responsible for the local approval process in TEAS.

Best Regardsregards,