Documentary Collections can provide the exporter and the importer with a compromise between open account trading (or payment in advance for the settlement of transactions) and documentary credits.
- Increased security of payment for the exporter compared to open account transactions.
- Means of accessing extended finance by use of term collections.
- Lower transactional costs than a Documentary Letter of Credit.
For more information please contact:
Relationship Manager, Trade Finance
Telephone: +61 2 9377 8915
Fax: +61 2 9221 5428
Mobile: +61 0421 097 656