Import & Export Documentary Collections

Features and benefits

Import Documentary Collection

• Provision of documentary evidence that goods have been shipped by the seller
• Security - documents are released to you when the sellers terms and conditions are met
• Safer alternative to prepayments
• Cost-effective payment method.

 

Export Documentary Collection

• Security - we only forward export documents to a bank in the buyer's country when payment terms and conditions are met
• Availability in major currencies
• Flexibility making it easier to take advantage of fluctuating market conditions.

To find out more information of the applications and features available, simply speak to a Westpac Customer Service Representative by calling 132 032.