Documentary Collection: an Effective Tool to Expedite Trade...

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2021-10-21 10:45:12 - Translate -

Documentary Collection: an Effective Tool to Expedite Trade Transactions

Trade transactions involve a series of formalities and legal criteria that end up complicating the payment process. That’s why several payment methods and procedures have been determined to facilitate a smooth undertaking between the exporters and importers. One of such processes is Documentary Collection through which the bank of the exporter becomes liable to receive the payment for the...

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