Suisse Credit Capital Limited facilitates international trade transactions by providing a documentary collection facility.
A documentary collection is an instruction from an exporter (seller or supplier) to a remitting bank (usually the exporter’s local bank) to collect payment immediately, or at a future date, from an importer (buyer) against delivery of the relevant commercial documents.
Documentary collections are of two forms:
Acceptance is signified by the Importer’s signature on the Bill of Exchange or other payment authority enclosed in the Collection. Payment will be made at a fixed or determinable future date.