Export Collection under B/C

International Trade>Export Service Solutions>Export Collection under B/C

Key Features

Confidence in payment handling  

Confidence in payment handling

The seller can be ensured that the buyer could not receive the documents from buyer’s bank unless the payment is made or the bill of exchange is accepted

Accurate complying documents to secure fast payment  

Accurate complying documents
to secure fast payment

Acts on your behalf to trace payment, check and deliver documents to buyer’s bank and take cares of collection of payments from the drawee internationally

Trading partners get notified faster  

Trading partners get
notified faster

Email notification of your delivered documents with courier numbers Inform your trading partners faster

Qualification and Documents Requirement

Qualifications

  • The bank receives a set of collecting documents from the exporter, then checks their accuracy and compliance
  • The bank sends the documents for collection to the buyer via the buyer’s bank and monitors the payment
  • Once the payment has been made or the bill of exchange has been accepted, the bank will deposit the money into the exporter’s account (if the collection is successful)

Documents Requirement

  • Collection/Instruction For Negotiation/Discount of Export Bills
  • Other original of documents as required by Export Bills