简体中文 Sitemap Business Institutions Employees Learning Center Careers
Global Banking
·Cross-border Renminbi Financial Products
·Trade Financing
·International Settlement
·Characteristic Financial Products for Russia
Collection Business Introduction Global Banking International Settlement Collection Business Introduction
The collection business introduction

Collection refers to a settlement method in which the (creditor) submits the financial bills or commercial invoice or both to the bank (remitting bank) to require the remitting bank to remind and require the payer (debtor) to pay through its associated bank or agency bank (or presenting bank).
According to different document types submitted by the client, it can be divided into “clean collection” and “documentary collection”.
“Clean collection” means that the client only submits financial bill to the bank. The client under “documentary collection” submits commercial invoice or commercial invoice and financial bill to the bank (remitting bank).

Collection business function
Collection business belongs to commercial credit. The remitting bank and collecting bank will not be responsible for a good collection result.

Collection business type

According to different directions, the collection business can be divided into import collection business and export collection business, and export collection is divided into export documentary collection and export clean collection; import collection is divided into import documentary collection and import clean collection.
Export documentary collection refers to an international trade settlement method in which the exporter issues document after the goods are shipped, and entrusts the bank of the place of export to collect goods payment from the importer through the bank of place of import.
3 / 10
About Harbin Bank | Favorite
Copyright: Harbin Bank  黑ICP备05000797号