Collection

The documentary collection.

Accounts in the form of the documentary collection - mean realisation by the bank of the buyer of payment on the basis of received of the financial documents with an order payment realisation, accompanied by commercial documents (accounts, transport documents, documents of title).

Possibility of realisation of accounts in the form of the documentary collection is offered to clients. The Bank carries out following operations:

• Issue of documents against the acceptance or payment
• Issue of documents free from payment
• Reception, check and dispatch of documents for collection
• Change of conditions of the collection order or its annulment
• Return of the documents exhibited for collection, but unpaid or not accepted by the beneficiary