Product Information
Incoming Collection Services (ICS) provide assurance to the Buyer that the goods have been sent by the Seller before you make a payment. This payment method is suitable for trade transactions with trusted Sellers with more competitive transaction fees is supported by more competitive transaction fees compared to other payment methods.
Incoming Collection Services provide 2 types of payment tenors:
- Documentary Collection against Payment (DP), for payment at sight.
- Documentary Collection against Acceptance (DA), for payment at usance.