Cash Management In Asia: Extracting Signal From Noise and Collecting bank: Difference between pages
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imported>Jeeten.patel@thinkpublishing.co.uk (Jeeten.patel@thinkpublishing.co.uk moved page Cash Management In Asia: Extracting Signal From Noise to Cash management in Asia: extracting signal from noise) |
imported>Doug Williamson (Expand definition.) |
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''International trade''. | |||
In a transaction involving a documentary collection, a collecting bank is the remitting bank’s correspondent, which is responsible for contacting the buyer (importer), collecting the amount due, and releasing documents as instructed. | |||
== See also == | |||
* [[Documentary collection]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Trade_finance]] | |||
Revision as of 18:52, 19 April 2019
International trade.
In a transaction involving a documentary collection, a collecting bank is the remitting bank’s correspondent, which is responsible for contacting the buyer (importer), collecting the amount due, and releasing documents as instructed.
