Documentary Collections

Documentary collections can provide an exporter and importer with a compromise between open account trading and documentary credits.

They offer the exporter a degree of security in the transaction as the Bank will have control over the goods through the title documents and can arrange for one of its overseas correspondents to release the documents only against payment or acceptance of a bill of exchange with payment at a future date.

Please note that banks have no payment obligations in documentary collections.

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Documentary collections covers the following

Export Use documentary collections as a secure and easy way to obtain payment. Read about collections for exporters	Import Documentary collections offer the possibility of payment on delivery. Read about collections for importers

The collection process Get an easy overview of the documentary collection process See the collection process	Rules and regulations Documentary collections are subject to a set of international rules. Read about international rules

Collection glossary We have compiled a glossary of terms often used in collections See a glossary of collection terms	FAQ We have compiled a list of FAQ about collections. See FAQ about collections

Want to know more?

Trade & Export Finance products and services Read More about our trade & export finance products and services in these booklets (PDF): Download factsheet on Documentary Credits Download factsheet on Int'l Guarantees Download factsheet on Collections Download factsheet on Business Online To read PDF documents, download Adobe Reader®	Document Checklist What to look out for in every document involved in the documentary credit process:

Danske Bank A/S, London Branch, 75 King William Street, London EC4N 7DT, United Kingdom. Telephone: +44 (0)20 7410 8000 Facsimile: +44 (0)20 7410 8001 E-mail: london.info@uk.danskebank.com. VAT number: 853 7590 92. Danske Bank A/S, London Branch is authorised by the Danish Financial Supervisory Authority (Finanstilsynet) and is subject to limited regulation by the Financial Services Authority. Details of the extent of our regulation by the Financial Services Authority are available from us on request. Member of the London Stock Exchange. Registered Branch in England and Wales, Company No. FC011846, Branch No. BR000080. Danske Bank A/S, Incorporated in Denmark, CVR No. 61 12 62 28 Copenhagen.

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