In your foreign trade transactions, after loading the goods you have exported, you can present to a bank in your country (sending bank) the documents pertaining to the loaded goods along with the collection conditions for its payment, thereby ensuring the dispatch of the goods on the condition that the payment is collected. In your export transactions, you can benefit from our Bank’s intermediary services in the process of sending the documents for collection and following up the payment. In your import transactions, you can utilize our Bank’s intermediation for the process of collecting the document’s payment and transferring this amount to the exporter.
Advantages:
- Provides a payment guarantee for the exporter.
- Allows the importer to verify the fulfillment of the seller‘s obligations via the Bank
- Creates a secure collection process through the Bank.
- Is particularly suitable for long-term business collaborations.