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Printed by customer 2012.05.21

For seller

The advantages the documentary collection gives to the seller/exporter:

  • the buyer must pay or accept a bill of exchange to have the documents released
  • optimisation of cash flows and hence improved liquidity
  • more efficient administrative routines, including follow-up on payments/acceptance
  • the fees and commissions for the services of the banks are less compared to letters of credit
  • possibility to retain control over the goods
  • can obtain guarantee of the buyer’s bank (buyer’s bank aval on the bill of exchange accepted by the buyer)