documentary collections

Documentary Collections in International Trade Explained

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Documentry collection in International connection INTRODUCTION   In the spectrum of international trade finance, businesses are often faced with the problem of having to choose between the two extremes of the trade finance spectrum: the expensive but secure Letter of Credit (LC) option and the cheap but risky Open Account option. Sitting pretty in the …

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Documentary Collections as a Strategic Settlement Method in Global Trade

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Documentary Collections as a Strategic Settlement Method in Global Trade Introduction: In this complex arena of international commerce, the distance between a buyer and a seller is measured by more than miles ; it is measured by risk. The exporter wants to be paid first before relinquishing control over the goods, while the importer wants …

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