Documentary Collection
Meeting your trading obligations
Documentary Collection
Streamline your trade settlements with alrajhi bank’s Documentary Collection solutions. Whether you’re an exporter or importer, we handle your trade documents efficiently, helping you manage working capital without tying up your credit lines so you can focus on growing your global business.
Export Documentary Collection
Under the exporter’s instruction, alrajhi bank sends the trade documents to the importer’s bank for delivery upon payment or acceptance. We monitor and confirm
Features and Benefits :
- Easy access through your existing current account with alrajhi bank
- Simple and quick application process
- Fill & submit Export Documentary Collection application.
- Full traceability of payment/acceptance from the importer’s bank
Import Documentary Collection
Upon receiving trade documents from the exporter’s bank, alrajhi bank informs the importer and delivers the documents as instructed either upon payment or acceptance allowing smoother processing of cross border purchases
Features and Benefits :
- Competitive pricing compared to other trade finance solutions
- No Obligation to pay or accept the draft
- Flexibility to review documents before accepting or making payment
Import Documentary Collection with Avalization
With Avalization, alrajhi bank provides an irrevocable guarantee to the exporter on behalf of the importer, ensuring payment at maturity. When combined with Murabaha Finance, alrajhi bank can settle with the exporter immediately while giving the importer time to repay later
Features and Benefits :
- Enhances relationships with suppliers by providing them with a trust that they are trading with credit worthy customers.
- Allows ARB customers to acquire better credit terms with extended financing periods from suppliers.
Export Documentary Collection
Under the exporter’s instruction, alrajhi bank sends the trade documents to the importer’s bank for delivery upon payment or acceptance. We monitor and confirm
Features and Benefits :
- Easy access through your existing current account with alrajhi bank
- Simple and quick application process
- Fill & submit Export Documentary Collection application.
- Full traceability of payment/acceptance from the importer’s bank
Import Documentary Collection
Upon receiving trade documents from the exporter’s bank, alrajhi bank informs the importer and delivers the documents as instructed either upon payment or acceptance allowing smoother processing of cross border purchases
Features and Benefits :
- Competitive pricing compared to other trade finance solutions
- No Obligation to pay or accept the draft
- Flexibility to review documents before accepting or making payment
Import Documentary Collection with Avalization
With Avalization, alrajhi bank provides an irrevocable guarantee to the exporter on behalf of the importer, ensuring payment at maturity. When combined with Murabaha Finance, alrajhi bank can settle with the exporter immediately while giving the importer time to repay later
Features and Benefits :
- Enhances relationships with suppliers by providing them with a trust that they are trading with credit worthy customers.
- Allows ARB customers to acquire better credit terms with extended financing periods from suppliers.
How to apply
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