3 Import Documentary Collection Booking

Import Documentary Collection Booking process allows the user to handle the import document under collection.

The Documents under Collection are submitted by the Exporter( also referred to as Drawer) directly to the Collecting Bank (Bank of the Importer or Drawee) or through the Exporter's Bank, the Remitting Bank. The collecting bank in turn will handle the documents under collection as instructed by the Drawer/Remitting bank.