Documentary Collections

What happens when your supplier requires payment assurance but you prefer not to use a documentary credit (DC)? Our Documentary Collections against payment (D/P) and against acceptance (D/A) are simple and cost effective ways to offer protection to your supplier. Under D/P terms, import documents, which usually include title to the goods, are released to you upon payment. Under D/A terms, documents are released to you against your promise to pay. Some benefits of documentary collections are:

• Suppliers’ confidence that the goods will only be released against payment from your end or promise from your end to pay
• You receive the goods before you pay for them under the D/A terms
• A safer alternative of paying cash advance or deposits
  
• Cheaper than documentary credit
  
• Reduced lead times

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