Advising on Letters of Credit and its amendments.
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A Documentary Collection is a trade transaction in which we act as a collection agent for payment of shipped goods to the buyer.
A documentary collection is a process by which an exporter's bank acts as an agent and collects funds from the importer's bank in exchange for documents detailing shipped merchandise.
Facility to discount shipping documents with a tenor at attractive rates to meet your urgent cash requirements. Those bills are discounted against an approved limit facility or case by case basis. Our team of experts will continue their follow up action until you receive your payments.
Documents Against Payment (D/P)
Documents Against Acceptance (D/A)
Our team of experts will help you to forward shipping documents on collection basis immediately to your buyer’s bank (Collecting bank) and will continue their follow up action until payment is received. Once the payment is received proceeds will be credited to you.
Documents to be submitted along with your shipping documents.
If you require further details please contact our Exports Department on + 94 11 2486101 ,+94 11 2486103 or your nearest Commercial Bank branch.
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.
Please feel free to use our Product Enquiry Form. Our representatives will get in touch.