Export Collection

Does your company deal with export collection documents? Are your company uncertain about this type of transaction? Let NCB be your bank for export collections.

Target customers

Corporate customers engaged in export collections, seeking a bank to assist in the transfer of export collection documents and funds abroad.

Features

Export collection involves authorizing the bank to monitor, remind, and collect payments on behalf of the importer and transfer it to their account upon payments by partners.

Benefits

  • Verification of document content, noting any discrepancies, and suggesting modifications (if any).
  • Business advisory services to minimize risks and costs.
  • Assistance in tracking the progress of collection documents.
  • Urgent follow-up on payments from foreign banks and immediate credit upon receipt of payment advice.
  • Safety and security of information.
  • Simple and cost-effective procedures.

Documents

  • Export collection documents presented to NCB.
  • NCB Export collection documents transfer application form

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