- Export and Import
- Documentary Collection
Documentary Collection
Intermediation of payments and exchange of documents subject to specific conditions
![For a seller, Documentary Collection provides more assurance than clean payment](/getmedia/de7236ef-078b-42fa-b992-194e36db1c3a/check.png)
For a seller, Documentary Collection
provides more assurance than clean payment
provides more assurance than clean payment
![As a buyer, you can enjoy the peace of mind that the goods have been shipped](/getmedia/de7236ef-078b-42fa-b992-194e36db1c3a/check.png)
As a buyer, you can enjoy the peace of mind
that the goods have been shipped
that the goods have been shipped
![Buyer may keep its funds longer](/getmedia/de7236ef-078b-42fa-b992-194e36db1c3a/check.png)
Buyer may keep its funds longer
![Lower fees compared to Documentary Letter of Credit](/getmedia/de7236ef-078b-42fa-b992-194e36db1c3a/check.png)
Lower fees compared to Documentary Letter of Credit
When to use documentary direct debit
- Domestic and international payments
- Prevents situations where buyers collect goods without payment
- Neither party wishes to trade without security
- Political, economic, and legal environment in the buyer’s country is stable
- Lower-risk transactions with no need for bank’s involvement in the contractual relationship
- For more transaction security, use documentary letter of credit