Documentary Collection Import
Suitable for:
- International transactions
- Transactions with known business partners
For you as the importer
The steps involved in the importing process
- We receive the trade documents with collection instructions from your supplier’s bank.
- We inform you of the collection.
- You will receive the documents if you comply with the collection instructions and either pay immediately, or accept a usance bill of exchange. (Take a look at the frequently asked questions for more information about bills of exchange.)
What should you keep in mind?
For you as an importer, having the trade documents in your possession does not provide any assurance regarding their contents or about the quality and quantity of the goods delivered. Therefore, a Documentary Collection does not guarantee correct delivery. Banks do not/are not able to check if the documents comply with the agreements made between buyer and seller.
For more information, contact Trade Finance Operations on +31 (0)10 402 54 44 (local rates apply).
More information?
Contact Trade Finance Operations on +31 (0)10 402 54 44 (local rates apply).
The steps involved in the importing process
- We receive the trade documents with collection instructions from your supplier’s bank.
- We inform you of the collection.
- You will receive the documents if you comply with the collection instructions and either pay immediately, or accept a usance bill of exchange. (Take a look at the frequently asked questions for more information about bills of exchange.)
What should you keep in mind?
For you as an importer, having the trade documents in your possession does not provide any assurance regarding their contents or about the quality and quantity of the goods delivered. Therefore, a Documentary Collection does not guarantee correct delivery. Banks do not/are not able to check if the documents comply with the agreements made between buyer and seller.
For more information, contact Trade Finance Operations on +31 (0)10 402 54 44 (local rates apply).
More information?
Contact Trade Finance Operations on +31 (0)10 402 54 44 (local rates apply).
Trade Finance mitigates your trade risks
To avoid situations where a buyer doesn’t pay or a supplier doesn’t deliver, importers and exporters often use Trade Finance products to finance and manage their international transactions.
Doing business internationally
Make a strong, well-prepared start on your international ambition. We can support you with import and export checklists, risk mitigation and practical tips.