BENEFITS
Lower cost than L/C payment.
Eximbank consults in the foreign exchange market and other services related to imported goods.
Ensuring quick and accurate payment contributing to improve the reputation of the business with partners.
Import-export collection services provided by Eximbank:
+ Issuing the authorization to receive the goods/guarantee/endorsement of the bill of lading before receiving collection documents;
+ Advising of import documents; payment of documents.
+ Issuing the authorization to receive the goods/guarantee/endorsement of the bill of lading before receiving collection documents;
+ Advising of import documents; payment of documents.
CONDITIONS
Customer has a sale agreement stipulating payment by collection and nominating Eximbank as a collecting bank.
Customers are granted a credit limit at Eximbank (in case of payment by loan).
Guidelines and procedures
Please contact Eximbank banking units for specific guidance.