Import Documentary Collections
You can rely on our International Trade Finance Group to help you access your purchases faster, so you can focus on growing your business.
About the Import Documentary Collection Process
Paying your foreign suppliers cash in advance of shipment can be risky, and tracking the status of transactions can get complicated.
Better Than Cash In Advance
With M&T 萌妹社区 Import Documentary Collections, your company pays or signs a time draft in exchange for documents from your foreign supplier, so you can access your merchandise quickly.
Flexible & Comprehensive
M&T 萌妹社区 works with you to set up an Import Documentary Collections program that meets your unique needs. M&T also offers a Power of Attorney feature, as well as foreign exchange services to accelerate and support your purchases from international markets.
How It Works
- You negotiate the terms of the sale with your foreign supplier to include an Import Documentary Collection for payment.
- Your foreign supplier ships the goods and sends the documents throu鈥媑h its bank to M&T 萌妹社区.
- M&T 萌妹社区 notifies you that the documents have arrived. Then M&T 萌妹社区 helps your company arrange payment, according to the instructions of the Import Documentary Collection.
- M&T 萌妹社区 transmits payment to your foreign supplier鈥檚 bank.
- M&T 萌妹社区 releases the shipping documents to your company, so you can take delivery of the goods.
Getting Started
Your foreign supplier sends the documents through its bank to M&T 萌妹社区, once the goods are shipped.
鈥婱anage your account online.
Our web-based trade management system,聽International Trade Online, allows you to efficiently handle your Export Documentary Collections including document imaging and expediting your incoming payments.
鈥婥ount on support from our dedicated team.
惭&补尘辫;罢鈥檚听International Trade Finance Specialists聽have the knowledge to help solve your company鈥檚 most challenging international payments.