BRD - Groupe Société Générale

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Collection
 
Companies > Your International Development > International Transactions Settlement > Collection     
Payment Order
Commercial Papers
Collection
Collection

Should you have a good and stable relationship with your trade partner and consider that you don't need a secured payment method for your commercial transactions, we would recommend a simple payment method: the collection.

  • As an exporter, according to contractual terms, you initiate the operation by remitting the commercial and/or financial documents to your bank, together with specific instructions with regard to the documents release (against acceptance/payment/other conditions to be fulfilled by the importer)
  • As an importer, you are in the position to check the documents sent by exporter before making the payment.

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