When importing, you don't pay until you receive shipping confirmation – so you keep your cash for longer. When exporting, deferred payment collections can often be discounted with your bank.
Importers only pay once there's proof of shipment, so it's more secure than paying for your goods in advance. If you're exporting, you keep control of the documents until the goods have been paid for or a bill of exchange has been accepted.
There's no need for a capital-weighted bank facility, and documentation is turned around quickly.
Documentary collections are subject to globally recognised rules issued by the International Chamber of Commerce.
Simply tell us a little about your business and your needs, and we’ll be in touch by the end of the next working day to talk through possible solutions tailored specifically for you.
Alternatively, you can always talk to your relationship manager or give us a ring on the number below.
Contact number. 0345 303 0077
Text Relay 18001 0345 303 0077
Lines are open 9.00am-5.00pm, Monday to Friday (except public holiday).
Calls may be recorded and call charges from residential, business and mobiles vary, depending on your telephone operator’s tariff.