COLLECTIONS

Trust and safety for good business
Documentary collections are based on mutual trust between both business partners. They are useful even though you have no fundamental doubts about the reliability of your contract partner abroad, but nevertheless need a certain level of certainty for your business.
International business without unnecessary risks
Documentary collection creates trust and at the same time reduces the risks on both sides. As an importer you avoid an advance payment and thus keep your liquidity as long as possible. As an exporter you can be certain that the necessary export documents are only handed over to your customer when the goods have been paid for or a draft has been accepted.

Individual products and services
Optional plus points

  • Flexible product features for good business: As an alternative to immediate payment (d/p – documents against payment) the importer may be granted a payment period (d/a – documents against acceptance). In this case, the documents are handed over after the importer has accepted a draft drawn on him.
  • Bridging liquidity squeezes: In the import and export business a liquidity requirement arises in many cases following the import of goods or between production and receipt of payment. We shall be pleased to act as your financial partner here, too.

Contact your account manager.

The guarantee for good business
Unlike a bank guarantee, which is mainly used in the domestic business, the bank letter of credit has proven to be the recognised instrument in the international business. With a bank letter of credit from DZ BANK you as an importer can provide your international partner with compelling proof of your solvency and as an exporter you can provide proof of your ability to deliver and your credit.

For every risk the suitable guarantee
The large number of different import and export transactions and the associated risks require a broad range of different ways of covering the risk. Your account manager will be pleased to advise you of the different types of guarantee and their features.