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Clean or Documentary Collection
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The Collection Service is a method of payment used by many exporters by means of the presentation of financial documents (bills of exchange, promissory notes, checks and other similar instruments) or commercial documents (invoices, shipping documents, title documents and other similar documents) in order for such documents to be paid or accepted by the issuer or importer.
Benefits
- Wide experience in the handling of foreign trade operations
- Security and confidentiality.
- Prompt and personal attention.
- Low handling costs.
- Additional financing in the case of obtaining a Line of Credit
- Discount of drafts.
Exportation Collection
For this method of payment, BICSA has a great network of Correspondent Banks around the world, which facilitates the processing of documents with speed and
security.
Further Information
To obtain further information on Clean and Documentary Collection – Corporate Banking, fill out this form and one of our executives will communicate with you.
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