Import bills collection

Import Bills Collection

A service designed for importers, whereby the bank releases payments to suppliers only upon receipt of commercial documents (bill of lading/airway bill, commercial invoices, etc) from the supplier’s bank, according to the instructions of the supplier’s bank.


  • More secure than making advance payment to a supplier as importer can be reassured that the goods have been shipped
  • Importer does not have to make payment until the goods have been shipped, thereby reducing working capital gap
  • Collection documents are handled according to Rules for Collection, ICC Publication No 522
  • Helps in avoiding fraud