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When is a documentary collection more suitable than a documentary credit as a means of securing payment?

April 26, 2017collection credit Documentary means payment SECURING suitable

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When is a documentary collection more suitable than a documentary credit as a means of securing payment?

1 Answer

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10 Posted

As the exporter makes an advance commitment in terms of the production/shipment of the goods or provides another service, we would only recommend documentary collection in the following circumstances: