Description
How does the Export Documentary Collection work:
- You, acting as the exporter, deliver goods and instruct your bank to forward the commercial and/or financial documents to the importer’s bank
- The importer’s bank will not release the documents unless the importer has paid or accepts to effect payment , according to the collection instructions received.
Potential risks:
- The risk stays with you, since the payment is effected only after the goods have been shipped or whilethe goods are in transit and/or warehoused
- The banks involved in this transaction do not guarantee payment
For your export needs, trade internationally through our simple and accessible services:
- Trade faster and more secured
- Access our international expertize
Important information
PDF (307 KB) |
You don't have a PDF Reader installed?
Get it nowTalk to a specialist
Bogdan Ilie
Documentary Business Expert
Tel: 0373.516.271