Documentary Collections

The support you need for doing business in today’s global economy

When the potential risks of international transactions don’t justify the costs of a letter of credit, consider documentary collections. Less expensive than letters of credit, documentary collections may enhance your competitive position in buying or selling goods internationally.

Importers

  • Prompt notification when documents are received
    • Complete customs clearance quicker
    • Avoid demurrage (charges for shipping or unloading delays)
  • Option to have documents mailed directly to customs broker
    • Get quicker clearance and possession of goods
    • Save time and gain peace of mind

Exporters

  • Status of payment is automatically traced at scheduled intervals
    • Never have to request a tracer for late payments
    • Receive quicker payment
  • Prompt notification when payment is received
    • Get immediate access to collected funds
    • Improve your cash flow
  • “Direct collections” option for established clients
    • Send shipping documents directly to the importer’s bank
    • Reduce costs and receive faster service
Email your question or comment

Thank you for your inquiry. A First Citizens Representative will contact you shortly.

An error occurred while sending your request. Please try again.

To get additional information or to send a comment about First Citizens Bank, our products and services, please complete the online form below.

* indicates required field

*
*
Please select a recipient
*
*
Please enter the code
Captcha
Reload captcha *
or Cancel
Request a Call

Thank you for your inquiry. A First Citizens Representative will contact you shortly.

An error occurred while sending your request. Please try again.

Would you like to know more about our products and services? Give us your name, phone number, area of interest and what time is convenient for you. We will have a qualified First Citizens associate contact you to answer your questions.

* indicates required field

*
*
*
Select best time to call
*
Please select a recipient
*
*
Please enter the code
Captcha
Reload captcha *
or Cancel
Personalize Your Banking Experience

First Citizens Bank product offerings differ from region to region. In order to accurately display information on accounts, rates and special promotions specific to your area, please enter your 5-digit ZIP Code below.

Email

Thank you for your inquiry. A First Citizens Representative will contact you shortly.

An error occurred while sending your request. Please try again.

To contact , please complete the following form.

* indicates required field

*
*
*
Select a contact method
*
Select a product or service
*
*
Please enter the code
Captcha
Reload captcha *
or Cancel
Close Tool Tip

Deposit cash or checks without an envelope 24 hours a day, seven days a week

Learn more »

Please Upgrade your browser

Your Browser Is Not Supported – Please Upgrade

In order to view and use certain First Citizens Bank products, services and webpages, we recommend that you use a current version of one of the following browsers. You can upgrade your existing browser by clicking one of the links below. You will need to restart your computer in order to complete the upgrade.

We strongly recommend that you upgrade now.

If you do not upgrade your browser, you may experience functional or display issues on the pages you are attempting to access.