Where you have established a relationship with an overseas buyer, you may require a simple and effective means of ensuring payment. A Documentary Collection allows you to simplify the collection of proceeds for your exported goods, while at the same time retaining control of your goods and mitigating the risk of non-payment.
Features at a glance
- Relevant export documents, together with appropriate bills of exchange, are forwarded by ANZ to the correspondent bank in the buyer's country for collection and return of proceeds in accordance with your instructions
- Documents will be released to the buyer against payment or acceptance of the bill of exchange
- Payment is effected to you on receipt of proceeds.
For further information
For further information on Export Documentary Collections contact our Team Leader Trade & Supply Chain on +685 69999 (extension 404) or call us on +685 69999 to speak to an ANZ specialist today.