Enterprise Customers
Export documentary collection
(Updated at 12:36, 14/7/2010)
Enterprises operating in international export business can use “export documentary collection” service provided by Agribank, for which Agribank acts on behalf of the enterprise to collect payment.
Main features
 

-          Customers present documents at Agribank and request Agribank to send documents for collection

-          Agribank will forward export documents to the importer's bank for the collection of money

-          Customers can make choices between the following methods of collection:

  • Documents against payment, D/P
  • Documents against acceptance, D/A
  • Documents on other terms and conditions, D/OT

 

Benefits

 

-          Customers are assisted with checking the documents and are offered free consultation to ensure secure payments

-          Customers can negotiate the collection documents immediately after completion of delivery obligations

-          Agribank assists enterprises in selecting prestigious collecting banks, ensuring maximum liquidity and advice on foreign exchange markets and other services related to export.

-          Agribank acts as a trusted third party to ensure that businesses keep control of goods.

 

Documents required

 

-          Request for documentary collection (in Agribank’s form)

-          Copy of Sales contract or other papers of equivalent value to the contract

-          Export collection documents (the original), export permit (if any)

 

Special offer

 

-          When using Agribank export documentary collection service, customers can also use Preferential loans for export activities and other Agribank’s incentives.

 

Fees

 

-          Fees apply according to current Schedule of Fees and Charges of Agribank

 

Delivery channels

 

-          Agribank branches/transaction offices.

 

Technology applied

 

-          Agribank uses automated accounting system.

Online Banking

ATM/POS locations

Forms, Fees and Interest rates
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View service charges

Registration form

Applied at Operations Centre of Agribank

Exchange Rate
Updated at
Applied at Agribank Operations Centre

Agribank Contact Center
1900558818