Under our bills for collection service we ensure that you are advised promptly and your instructions are carried out according to your requirements. We are able to collect payment against release of shipping documents, or acceptance of a usance bill of exchange and subsequent payment at maturity, from your buyer’s nominated bank.
This provides you with a more secure payment for your exports. You can gain reassurance of payment and use the banking system to maintain control over your goods with Export Collections.
This is safer than paying for your goods in advance since you make a payment only when you receive evidence of the shipment, protecting against the risk of non-performance of your supplier.