Documentary Collection

Import Documentary Collection

An import bill received by ACLEDA Bank from a bank of seller enclosing drafts, invoices, bills of lading, etc., requesting ACLEDA Bank to present documents to the buyers for either payment or acceptance.

Export Documentary Collection

The seller obtains the usual transport documents such as bills of lading, insurance certificates, commercial invoice, inspection certificates, etc., to request to ACLEDA Bank to forward to the bank of buyer.

Fee Charges

Description	Rate	Other fees
Import Documentary Collection (IBC)
Inward collection handling fee	0.125%, min.$50	+Cable charge $20 +Outward Overseas transfer fee
Release documents free of payment	$50 flat	+Cable charge $20
Presentation	Free
Re-present bill	$25 flat	Including cable
Protest	$50 flat	+Out of pocket expense
AVAL commission	0.15% p.m., min.$30
Export Documentary Collection (EBC)
Outward collection	0.125%, min.$50	+DHL courier charge
Release documents free of payment	$50 flat	+DHL courier charge

Note:

• The rates are quoted for indication purpose only and subject to variation. Please contact our nearest branch or our Call Center for confirmation.
• In order to use our Trade Finance Service, customers are required to have an account with ACLEDA Bank Plc. Please contact our officer on how to open an account with our bank if you don't have any.
• Restrictions on opening accounts in certain currencies may apply from time to time according to market conditions. Please check with our bank.