Personal > Foreign exchange > Documentary collections
DraftsDocumentary collectionsLetter of creditForeign currency accounts (FCA)
OverviewTravellers chequesForeign notesForeign receipts and payments
 
We act as an intermediary between exporters (sellers) and importers (buyers) to collect and/or send trading documents to the foreign bank to allow the movement of goods. This does not guarantee the exporter payment but it does offer some form of protection.

Documentary collections can be seen as instructions that are sent by a foreign bank to a local bank requesting the local bank to obtain payment or accept documents relating to the movement of goods sent by an exporter to an importer.