Small and Medium Enterprises

• Small and Medium Enterprises
• Cash management
• Financing
• Treasury
• Trade
  • Financing receivables
  • Documentary collection
  • Documentary letter of credit
  • Bank guarantees
  • Discounting bills of exchange
  • Financing of distribution channels
• CitiService
• Client Centre

Documentary collection

• Unbinding documentary payment instrument
• the bank is authorised to procure payment against documents, which lets you handle the goods
• a very advantageous payment condition for the importer – buyer
• for the seller – exporter, the use of this instrument is only advantageous if he is certain about the willingness of the buyer to accept the goods.

Types of documentary collection:

• Documentary collection with D/P (documents against payment) condition
• Documentary collection with D/A (documents against acceptance) condition