Incoming Collection Services

Contact Us

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:

  1. Documentary Collection against Payment (DP), for payment at sight.
  2. Documentary Collection against Acceptance (DA), for payment at usance.

Required Documents:

  1. Required initiation documents.
  2. Acceptance for document retrieval  (for DA)
  3.  
     

Benefits for you:

  • Certainty in obtaining documents if payment or acceptance has been made.
  • Help you in obtaining documents to pick up imported goods with a non-LC/SKBDN scheme to expedite your trading business as a Buyer.
Product and Service Information Summary