Documentary collection – a convenient payment method for our customers engaged in foreign trade.
To use a documentary collection service it is enough to have an account at IBA and submit a collection order to the bank.
- Protection of the interests of counterparties;
- Additional guarantee of execution of the contract: importer makes payment only after all the documents are provided to the bank by the exporter;
- Operation is carried out in accordance with standardized international terms.
Charge and fees
|Acceptance of documents for collection||0.1% (min. USD 100 equivalent)|
|Local post services ( for each postage)||AZN 10|
|International post services (for each postage)||AZN 70|