Shaping the future of trade services


Products and Services

@GlobalTrade Systems

link_arrow Import Documentary Credit
link_arrow
link_arrow Standby LC/Guarantee Issuance
link_arrow Standby LC/Guarantee Receipt
link_arrow Import Documentary Collection
link_arrow Export Documentary Collection
link_arrow Supply Chain Finance
link_arrow SWIFT To DTAEA Converter
link_arrow
link_arrow
link_arrow Dynamic Message Converter
link_arrow Ucon
link_arrow MT798 Testing Services

 

Case Studies

link_arrow Automotive producer
link_arrow Airbus
link_arrow Siemens

 

@GlobalTrade Platform has been awarded with the SWIFTReady for Corporates Trade & Supply Chain Finance label

swift for corp

 

Export Documentary Collection System

Our @GlobalTrade Export Documentary Collection system is a web-based solution that provides treasury with an easier way to submit documents to a bank under an export documentary collection. System users can set up and manage collection-buyer profiles, import data from their ERP system and, with a click of a button, create any other documents required for a documentary collection. Logistics providers can collaborate on the document preparation and use the system for remote printing of documents.


Benefits for corporates

  • Improved efficiency in creation of Export Documentary Collection transactions
  • Faster document preparation and presentations to banks
  • Easy creation of reports
  • Ensure compliance through system notifications and e-mail alerts

Export Documentary Collection




Request Automotive Producer Case Study

When are Export Documentary Collections used?

Export Documentary Collections can be used in situations where the Seller would like more certainty of getting paid by its overseas Buyer. With export collections, the Seller keeps control of the goods that they have shipped until the Buyer can see that delivery of the goods has been made and agrees to pay. The seller ships the goods and presents shipping documents, together with payment instructions to its bank who will send these to the buyer's bank. Under the Collection agreement, the buyer's bank will only release the shipping documents once the buyer has either made payment or promised to do so at a future agreed upon date.
http://www.rbs.co.uk/