Inward Collection

Entrusted by a foreign remitted bank, and according to its instructions, our branch collects import payments and delivers relevant commercial documents to the importer.

Advantages:

1. Low cost. Low banking fees, help you to reduce financial expenses and control the costs;

2. Easy to handle. Simple procedures and easy to handle compared with L/Cs;

3. Reduce funds occupation. No advance payment required when the exporter prepares and ships the goods, the goods become disposable upon payment or acceptance;

4. Improve cash flow. With D/A, the importer can immediately obtain the documents and dispose the goods after acceptance, and can make payments after selling the goods. With almost no occupation of funds, the company’s financial position and solvency can be greatly improved.