AGROBANK Logo
  • Downloads
  • Branch/ ATM Locator
  • Search

Documentary Collection-i

It is a service rendered by the Bank to handle and deliver commercial documents and other documents as instructed by instructing party (Collecting Bank/Seller or Drawer)

 

There are 2 types of Documentary Collection-i :

  • Outward Documentary Collection-i / Seller or Exporter
  • Inward Documentary Collection-i

 

 Kaedah pembayaran :

  • Documents against Payment (D/P)

Collecting Bank shall release the documents to the Buyer/Drawee in exchange of payment

  •  Documents against Acceptance (D/A)

Collecting Bank shall release the documents to the Buyer/Drawee in exchange of accepted Bill of Exchange / Letter of Undertaking to pay at a determinable future date

 

 CONCEPT

 

DURATION

  • Not applicable

  • English
  • Bahasa