Our branch, as entrusted by an exporter, collects payments from an importer through a foreign collecting bank upon presentation of the exporter's commercial and financial documents.

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. Low risks. The importer can only take delivery of the goods after acceptance or payment, which helps you to reduce the risks compared with open account sales.