Documentary and clean collection

Doing business with the counterparties where using letter of credit seems to be superfluous? Yet not willing to carry out the transactions without any security at all? Then Documentary or Clean Collection may be exactly what you are looking for. Uncomplicated and inexpensive, this traditional payment instrument ensures that the commercial /financial documents presented for Collection (and the goods in case that the documents of title are presented) are not released to the buyer until payment or acceptance has been effected, per the terms of the Collection set by the seller.

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