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ITS-03-FIT-002 - Documentary Collections

Practical online overview of Documentary Collections and their management. This course is ideal for exporters wishing to gain a greater understanding of the Documentary Collection Process. This short course is based on content from our highly successful Finance of International Trade online certification programme. In this unit you will: Learn that Documentary Collections are a service provided by the bank whereby the bank facilitates the settlement of payment between international buyers and sellers by collection of financial and commercial documents. You will discover that Collections offer a greater degree of security to the exporter than open account transactions. You will understand the operation of: 1. Export Collections 2. Import Collections
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