Commercial Documentary Collections

The support you need to do business in a global economy

Save more with documentary collections

Our commercial documentary collections help international importers and exporters buy or sell goods internationally at a lower cost than letters of credit. We can help you send and receive funds in US dollars and foreign currencies safely, quickly and efficiently.

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Importers
Benefits for importers

Prompt notification when documents are received

Complete customs clearance quicker and avoid demurrage (charges for shipping or unloading delays).

Have documents mailed directly to customs broker

Save time with quicker customs clearance and possession of goods.

Exporters
Benefits for exporters

Automatically trace payment status at scheduled intervals

You'll never have to request a tracer for late payments and you'll receive quicker payment.

Prompt notification when payment is received

Get immediate access to collected funds and improve your cash flow.

Direct collections option for established clients

Send shipping documents directly to the importer's bank and reduce costs and receive faster service.

Foreign Currency

Make business and travel abroad secure and simple

Get the foreign currency you need to do business in other countries.
Learn more about our foreign currency services
Remote Deposit Capture

Deposit money from anywhere

Deposit checks remotely for faster processing and extended deposit hours.
Learn more about Remote Deposit Capture

Insights
Expand your international banking knowledge

International Banking

Controlling Global Operating Expenses

Navigate the nuances of global operating expenses with our FX risk advisory briefing on the state currency option prices and cycles.
Unlike forward contracts, options can offer protection from rising foreign operating expenses due to unexpected currency shifts while allowing companies to benefit if currency prices improve.
International Banking

Why Your Company Should Ask Foreign Suppliers to Renegotiate Prices

The recent strength of the US dollar makes now a good time to ask foreign suppliers to reduce US dollar prices.
Looking ahead to 2025, there is scope for US-based companies making USD payments to proactively reach out to suppliers and ask to share in their improved economics.
International Banking

How to Manage Currency Risk Across the Five Phases of Cross-Border M&A

Before closing your merger or acquisition, consider the risks that may impact deal viability, probability of close and ultimate profitability.
The landscape for cross-border mergers and acquisitions is complex and ever-evolving. Understanding key foreign exchange and liquidity considerations may prove to be not just advantageous but imperative to deal success and profitability.
explore more international banking insights

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NMLSR ID 503941