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Export Collection under B/C
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Same-day service commitment.
Confidence in payment handling.
The seller can be ensured that the buyer could not receive the documents from buyer’s bank unless the payment is made or the bill of exchange is accepted.
Receive the collecting documents,
same day.
If the complying presentation is presented to the bank before 2.00 p.m., the export bills for collection will be sent to the collecting bank within same day.
Accurate complying documents to secure
fast payment.
Acts on your behalf to trace payment, check and deliver documents to buyer’s bank and take cares of collection of payments from the drawee internationally.
Trading partners get notified faster.
Email notification of your delivered documents with courier numbers. Inform your trading partners faster.
Service Details
Conditions |
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Customers and the bank must comply with the rules in URC522 set by the International Chamber of Commerce. |
Fees |
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- The fee for export collection under a B/C is 800 baht per copy
- Check or draft, 200 baht per copy; stamp, 3 baht
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How to Apply
- The bank receives a set of collecting documents from the exporter, then checks their accuracy and compliance
- The bank sends the documents for collection to the buyer via the buyer's bank and monitors the payment
- Once the payment has been made or the bill of exchange has been accepted, the bank will deposit the money into the exporter's account (if the collection is successful), or the bank purchases the bill of exchange (if the exporter has a credit line for the purchase of bills with the bank)
- The bank monitors the status of bills and traces payment in case of non-payment or non-acceptance
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