Collections

Documentary collections can provide the exporter and the importer with a compromise between open account trading and documentary credits.

Documentary collection can offer the exporter a degree of security in the transaction as 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.

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Documentary collection covers the following

Export
Use documentary collections as a secure and easy way to obtain payment.

Read about exporting
Import
Documentary collections offer the possibility of payment on delivery.

Read about importing
The collection process
Get an easy overview of the documentary collection process

See documentary collection process
Rules and regulations
Documentary collections are subject to a set of international rules.

Read about international rules
Collection glossary
We have compiled a glossary of terms often used in collections.

See glossary
FAQ
We have compiled a list of FAQ about collections.

See frequently asked questions

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Download fact sheet on Documentary Credits (PDF169 KB)
Download fact sheet on Guarantees (PDFPDF 86 KB)
Download fact sheet on Collection (PDF 96 KB)
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