Personal > Foreign exchange > Documentary collections
DraftsDocumentary collectionsLetter of creditForeign currency accounts (FCA)
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We offer a service to our customers acting as an intermediary between the exporter and importer to collect and/or send trading documents on behalf of our customer to the foreign bank so as to facilitate the movement of goods. It does not guarantee the exporter payment but it does offer some form of protection.

Documentary collections can be seen as instructions dispatched by a foreign bank to a local bank requesting the local bank to obtain payment / acceptance for a set of documents relating to the movement of goods sent by the exporter to the importer.