Import collection of Sacombank meets the needs for international payment using collection as the payment method.

Outstanding features

Quick

Accurate document processing within 8 working hours

Simple

Payment procedure

Finance

Import payment

Utilities

  • Free consultation on import and export operations.
  • Prioritizing import financing.
  • Modern online transactions.
Import collection of Sacombank, corporate's payment progress is ensured.

Import collection of Sacombank, corporate's payment progress is ensured.

Features

  • Sacombank receives and informs the set of documents of collection to the Customer (The importer) and makes payment according to the instructions of the collecting bank.
  • Types of collection:

D/P - Documents against Payment: Customer pay immediately when receive the import documents from Sacombank to receive the goods.

D/A - Documents against Acceptance: Customer accepts payment of set of documents/time draft and receives set of documents to pick up goods. Customer will make payment on due date.

Procedure

  • Customer supplies the exporterthe name and address of Sacombank.
  • Sale contract shows collection as the payment method.
  • Transaction methods

At the counter: Please contact the nearest transaction office here

Online: Please register an account here.

FAQs

1

What costs do we have to pay for this service?

Customer please refer to the service fee here.

2

Can we buy foreign currency to pay for the import collection documents?

Sacombank provides the service of selling foreign currency at a competitive rate to pay for sets of document of import collection.

3

What documents do we have to provide when we come to receive the set of documents from the bank?

Customer please provide:

  • Original Notice of collection documents.
  • Copy of commercial contract.
  • Foreign currency purchase records (if any).
  • Loan documents (if any).

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