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Corporate Banking

Import Documentary Collection

Introduction

Import Documentary Collection is a way of settlement where our bank, upon receipt the collection documents from the foreign remitting bank, prompts the import enterprises and asks them to make payments or accept documents.


Scope of application

Unit customers engaged in import trade.


Features

· Professional verification and guidance effectively avoid or reduce trade disputes.

· Our staff will be at hand for collection, and help enterprises reach a deal and eliminate fiscal deficit.


Procedures

1. Our bank receives documents sent by the remitting bank.

2. Verify the documents entrustment letter and handle the documents.

3. Our bank makes external payment / acceptance / documents against no payment / chargeback based on customers' will.


(Note: For details, please call 961 111 or come to the nearby GRCB outlet.)

Call Centre 961111 Micro Loans Services

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