bn:01066870n
Noun Concept
Categories: Banking terms, Economics and finance stubs
EN
documentary collection  Documentary Collections
EN
A documentary collection is a process in which a seller instructs their bank to forward documents related to the export of goods to a buyer's bank with a request to present these documents to the buyer for payment, indicating when and on what conditions these documents can be released to the buyer. Wikipedia
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EN
A documentary collection is a process in which a seller instructs their bank to forward documents related to the export of goods to a buyer's bank with a request to present these documents to the buyer for payment, indicating when and on what conditions these documents can be released to the buyer. Wikipedia
Process, in which the seller instructs his bank to forward documents related to the export of goods to the buyer's bank Wikidata