Benefits of import documentary collections
We receive import documents and facilitate payment to your supplier on either a documents-against-payment or documents-against-acceptance basis
- Payment is made once documentary requirements have been met
- Faster processing than letters of credit in many scenarios
- Documents-against-acceptance arrangements may support working capital needs
- Transactions can be conducted in convertible currencies worldwide
Benefits of export documentary collections
We receive export documents and facilitate collection of payment from your buyer on a documents-against-payment or documents-against-acceptance basis.
- Globally recognised trade collection process
- Improved cash-flow planning through known payment terms, currency and amount
- Lower cost than export letters of credit
- Retain control of documents and goods until payment or acceptance
Need more help?
Call us on:
+233 (30) 242 9150 (network charges apply)
0800 222 333 (MTN and Vodafone customers)
Email us:
customerexperience.gh@absa.africa