Documentary collection: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson (Expand following discussion with Paul Cowdell MCT FCIB, 30 July 2105.) |
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An international payment method that processes the collection of a draft and accompanying shipping documents through international correspondent banks. | An international payment method that processes the collection of a draft and accompanying shipping documents through international correspondent banks. | ||
A documentary collection is a structure under which a bank collects payment from a buyer, by presenting documents to the buyer. | |||
== See also == | == See also == | ||
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* [[Commercial risk]] | * [[Commercial risk]] | ||
* [[Correspondent banking]] | * [[Correspondent banking]] | ||
* [[Documentary credit]] | |||
* [[Documents against acceptance]] | * [[Documents against acceptance]] | ||
* [[Documents against payment]] | * [[Documents against payment]] | ||
* [[Draft]] | * [[Draft]] | ||
* [[Remitting bank]] | * [[Remitting bank]] | ||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Trade_finance]] | |||
Revision as of 11:12, 16 August 2015
An international payment method that processes the collection of a draft and accompanying shipping documents through international correspondent banks.
A documentary collection is a structure under which a bank collects payment from a buyer, by presenting documents to the buyer.
