Your customers ask you for a cheaper way of handling their international business, as they have already known the other party for quite a while and the importing country of the drawee fulfils certain criteria. Nevertheless, your customers do not want to do the business on an open account basis.
Documentary collection might be a good solution for your customer. It provides more security than selling on open account, but not as much as a documentary credit. Therefore, it is important to choose the right partner.
Commerzbank offers all kinds of collection services such as documents against payment and documents against acceptance. With our large customer basis (11,1 million), our extensive branch network in Germany and our sophisticated electronic settlement systems, we support you with our easy, fast and efficient collection services.
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For further information contact your relationship manager.
