Documentary collections, i.e., documents against payment, is a payment instrument in which the exporter, after shipping the contracted goods, hands over commercial documents to its bank, requesting that the documents are forwarded to the bank of the buyer (importer) for payment.
The buyer obtains the goods only provided that certain conditions of documentary collection are fulfilled: payment, acceptance of bills or other agreed conditions.
- A higher level of security in international business operations
A higher level of security in relation to payment via a bankers transfer. It is used when you and your business partner have a built business relation and mutual trust, and you are both ready to take an equal risk.
- Simple realization and lower costs
Payment by means of documentary collection is a simpler and more cost effective option in relation to other payment security instruments, since the bank does not assume the risk of default by the buyer.
- Providing expert advice
Years of experience and expertise in standard and complex transactions, our professional and trained staff and numerous awards in the field of trade finance vouch for a high quality of service.
- International presence of UniCredit Group and a large correspondent banking network
Zagrebačka banka and UniCredit Group represent a strong partner that can support your international business.