As an exporter, documentary collection offers you far greater security than selling on open account, but not as much as a documentary credit. Credit, political and transfer risks, for instance, are not covered.
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As the seller or exporter, you are the principal who presents the documents to UBS with an instruction for collection of payment.
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As the buyer or importer of the goods or services in question, you are the drawee for the purposes of the documentary collection.
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There are different types of documentary collection. Here you will find the main types. Please contact us, we will be only too happy to help you.
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