Advantages
- Safety that the importer will not get these documents and goods earlier than after making the payment according to the instructions
- Does not require blocking of monetary resources
- Additional protection offered by implementation of international norms
How it works
- Exporter delivers goods and instructs the bank to submit commercial and/or financial documents to importer's bank
- Importer's bank will not release the documents until the importer does not pay or agree to pay according to the instructions
Costs
For information on fees applied to documentary collection, please check Fees and charges for servicing legal entities.
For advice and support contact the Manager responsible for the relations with your company.