Documentary Collections
The support you need to do business in a global economy
When the potential risks of international transactions don't justify the costs of a letter of credit, consider documentary collections. Less expensive than letters of credit, documentary collections may enhance your competitive position in buying or selling goods internationally.
Importers
Benefits for importers
Prompt notification when documents are received
Complete customs clearance quicker and avoid demurrage (charges for shipping or unloading delays).
Have documents mailed directly to customs broker
Get quicker clearance and possession of goods and save time and gain peace of mind.
Exporters
Benefits for exporters
Automatically trace payment status at scheduled intervals
You'll never have to request a tracer for late payments and you'll receive quicker payment.
Prompt notification when payment is received
Get immediate access to collected funds and improve your cash flow.
Direct collections option for established clients
Send shipping documents directly to the importer’s bank and reduce costs and receive faster service.
Manage your business on the go
Manage your accounts from anywhere
Send and transfer money using ACH and wires
Receive account and security alerts
Manage your business on the go
Manage your accounts from anywhere
Manage your business on the go
Send and transfer money using ACH and wires
Manage your business on the go
Receive account and security alerts
