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.

Key Benefits

  • 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:

Claudio Piccinini
Senior Relationship Manager, Trade Finance

Telephone: +61 2 9377 8915

Fax: +61 2 9221 5428

Mobile: +61 0421 097 656

Email: trade@arabbank.com.au