Business current account
Gold business credit card
Electronic banking
Loans
Overdraft
Term loans
Tailored finance
Documentary collections
Documentary credits
Foreign exchange
Guarantees
Trade finance
Payments and receipts
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- Register for Nedbank ID
- Business current account
- Gold business credit card
- Electronic banking
- Loans
- Overdraft
- Term loans
- Tailored finance
- Global trade
- Documentary collections
- Documentary credits
- Foreign exchange
- Guarantees
- Trade finance
- Payments and receipts
- Explore Global trade
- Documentary collections
- Documentary credits
- Foreign exchange
- Guarantees
- Trade finance
- Payments and receipts
Documentary collections
A simple, secure method of ensuring payment when exporting goods.
A secure framework for exporters
Documentary collections are a simple, convenient payment method that can be used when there is an existing trading relationship between the exporter and the importer.
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Payment can be guaranteed through an avalised bill, which is used in cases of discounting
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You retain control of the goods until payment commitment is received
Benefits
Security
Commercial and shipping documents are only released against payment/bill acceptance
Efficiency
There is zero impact on banking facilities unless the bill is avalised
Control
You can manage acceptance of the documentary collection with assistance from our Global Business department
Interested? Get in touch.
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