Collections
Documentary collections can provide the exporter and the importer with a compromise between open account trading and documentary credits.
The documentary collection can offer the exporter a degree of security in the transaction. The Bank will have control over the goods through the title documents and can arrange for one of its overseas correspondents to release such documents only against payment or against acceptance of a bill of exchange with payment at a future date.
Please note that banks have no payment obligations in documentary collections.
Export
Use documentary collections as a
secure and easy way to obtain payment
.
Rules and regulations
Documentary collections are subject to a set of
international rules
.
Import
Documentary collections offer the possibility of
payment on delivery
.
The collection process
Get an easy overview of the
documentary collection process
.
Contact
Get in touch with your local branch:
Find your branch
.
Download forms
The forms you need in the collection process are available in
PDF files
.
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