Simple, Cost-Effective And Secure
Does your supplier require payment assurance but you prefer not to use a documentary credit (DC)? HSBC's Documentary Collections against payment (D/P) and against acceptance (D/A) are a simple and cost effective way to offer protection to your supplier. Under D/P terms, import documents, which usually include title to the goods, are released to you upon payment. Under D/A terms, documents are released to you against your promise to pay.
Benefits
- Your supplier is rest assured, knowing that the goods will only be released to you against payment
- D/A terms provide supplier credit as you receive the goods before you pay for them
- Are a much safer alternative to paying in advance or giving a deposit
- Cheaper than DC transactions. As there is no DC to issue, you also do not require credit facilities.
- Faster than opening a DC. Once terms are agreed - your supplier can fulfill your order without a DC.
Or call 1800 88 3898 for more details