We send the advance payment against import of goods.
We deal in trade documents:
We negotiate and accept the documents on collection basis.
PAYMENT ON A COLLECTION BASIS:
This method is one of the most widely used in the purchase and sale of goods and services in foreign markets. Under this arrangement, the seller forwards shipping documents, invoices, insurance certificates and other relevant documents through a bank to the buyer’s institution.
Documents against Payment (DP) or CAD Cash against Documents
Documents against Acceptance (DA)
Why is this payment method right for you?
Ensures supplier has met your terms and conditions before you pay them
Strengthens your negotiating position by offering a guaranteed payment
Can be used to improve your cash flow position