Collections


Benefits


  • Wide experience in the handling of foreign trade operations
  • Security and confidentiality
  • Prompt and personal attention
  • Low handling costs
  • Additional financing in the case of obtaining a Line of Credit
  • Possibility discount of drafts

Requirements


  • Legal status with no more than one month issued and authenticated by a lawyer
  • Original Public Registry Certification valid for no more than 6 months
  • To have a checking and/ or savings account in BICSA

The Collection Service is a method of payment used by many exporters by means of the presentation of financial documents (bills of exchange, promissory notes, checks and other similar instruments) or commercial documents (invoices, shipping documents, title documents and other similar documents) in order for such documents to be paid or accepted by the issuer or importer.

At BICSA we offer the following collection modalities:

Through this process, BICSA makes the presentation of the shipping documents for imports made by our customers, which are received from banks and suppliers from anywhere in the world, offering the following commissions for this service:

Tariff: 0.25% of the amount
Minimum: US$50.00 Plus other applicable charges

Further Information


To obtain further information on Clean and Documentary Collection, write us at this email and one of our executives will communicate with you.