Business Banking

Documentary collections

Everything you want to know about documentary collections

Exporter, in order to guarantee receipt of the payment in cash / commitment of the importer to a future payment, you can use this payment method

You can send us the documents by which the importer would be able to obtain ownership of the merchandise, and we will send them for you to the importer’s bank, according to your orders.

 

Accepted forms of payment:

  1. Payment in cash against delivery of documents to the importer.
  2. Payment on suppliers’ credit – delivery of documents to the importer after a commitment to pay at a future date has been signed.
  3. Payment using suppliers’ credit with a guarantee from the importer’s bank – delivery of documents to the importer following the commitment of the importer’s bank to payment at a future date, without the possibility of rejection by the importer.