Documentary CollectionsDocumentary Collections

Documentary collections can provide an exporter and importer with a compromise between open account trading and documentary credits.

They offer the exporter a degree of security in the transaction as the Bank will have control over the goods through the title documents and can arrange for one of its overseas correspondents to release the documents only against payment or acceptance of a bill of exchange with payment at a future date.

Please note that banks have no payment obligations in documentary collections.

Documentary collections covers the followingDocumentary collections covers the following

Use documentary collections as a secure and easy way to obtain payment.

Collections for exporters
Documentary collections offer the possibility of payment on delivery.

Collections for importers
The collection process
Get an easy overview of the documentary collection process

Collection process
Rules and regulations
Documentary collections are subject to a set of international rules.

International rules
Collection glossary
We have compiled a glossary of terms often used in collections

See a glossary of collection terms
We have compiled a list of FAQ about collections.

FAQ about collections

Want to know more?Want to know more?

Trade & Export Finance products and services

Read More about our trade & export finance products and services in these booklets (PDF):

Download factsheet on Documentary Credits
Download factsheet on Int'l Guarantees
Download factsheet on Collections
Download factsheet on Business Online

To read PDF documents,Ā download Adobe ReaderĀ®

Document Checklist
What to look out for in every document involved in the documentary credit process:

Danske Bank A/S, London Branch, 75 King William Street, London EC4N 7DT, United Kingdom. Telephone: +44 (0)20 7410 8000 Facsimile: +44 (0)20 7410 8001 E-mail: VAT number: 853 7590 92. Danske Bank A/S, London Branch is authorised by the Danish Financial Supervisory Authority (Finanstilsynet) and is subject to limited regulation by the the Financial Conduct Authority and the Prudential Regulation Authority. Complaints should be addressed to our Legal Department. Details on the extent of our regulation by the Financial Conduct Authority and the Prudential Regulation Authority are available from us on request. Registered Branch in England and Wales, Company No. FC011846, Branch No. BR000080. Danske Bank A/S, Incorporated in Denmark, CVR No. 61 12 62 28 Copenhagen. Our details can also be viewed on The Financial Services Register under Firm Reference Number 124655.

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