Documents Against Collection
Documents for Collection service to ensure the smoothness of your commercial transactions. If you are looking for safe and reliable solutions to ensure the collection of your receivables from international commercial transactions, the Documents for Collection service from Al-Yaqeen Bank provides you with strong guarantees for the success of your transactions. This service is carried out between banks through commercial documents, which are transferred to the importer upon the exporter’s request, ensuring that the exporter receives his receivables according to the agreed terms.
Service features:
Guarantee of collection of your receivables
Al-Yaqeen Bank guarantees the exporter to collect the value of the exported goods once the agreed terms are implemented.
Safety and Ease
The service provides safe and reliable solutions to ensure the collection of your receivables, which reduces risks and helps facilitate the trade exchange process.
Mutual trust
The service enhances trust between importers and exporters, which contributes to facilitating international trade transactions.
Choose payment methods
The service allows you to choose the payment method that suits you, whether it is delivering documents against payment or accepting them.
It guarantees the exporter to collect his dues quickly and safely.
It provides guarantees to both parties, which reduces risks.
The exporter and importer must agree on the terms and submit the required documents.