Use of documentary collection:
- For buyers and sellers that have sufficient trust in each other and are ready to move away from settlements through letters of credit.
- For exporters seeking to minimise the risk of importer refusal or default on payment for goods actually delivered.
Advantages of the documentary collection service from Pivdenny Bank
- A simple application process.
- Modest fees.
- Payments between regular partners become more flexible.
- An opportunity to optimise transactional costs.
* All commissions and fees in foreign currencies are paid in the national currency, applying the official rate of the NBU ruling on the day of the transaction.