Documentary collections
Through our documentary collections service, Stanbic Bank handles the documentary management process on behalf of both importers and exporters, acting as an agent for the collection and remittance of payments. Documents are submitted directly to the bank on the instruction of the exporter. The bank accepts no risk of non-payment by the importer.
Some of the benefits
Accessible
Collections are easily available for short and long term transactions
Affordable
Affordable collection fee/ Commission
Secure
Seller is protected as the buyer does not receive the goods before payment is effected
What it costs
- Stanbic Prime rate + margin
- Refer to Pricing Guide
All facilities are subject to Stanbic Bank's credit approval process. Financing percentages, tenor, security requirements and eligible off takers are determined based on transaction risk assessment and internal credit policy.
How to get it
Email [email protected] or visit your nearest Stanbic Bank branch for more information on the solution’s requirements.
Refer to General Terms and Conditions
All facilities are subject to Stanbic Bank's credit approval process. Financing percentages, tenor, security requirements and eligible off takers are determined based on transaction risk assessment and internal credit policy.
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What it costs
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How to get it
- Stanbic Prime rate + margin
- Refer to Pricing Guide
All facilities are subject to Stanbic Bank's credit approval process. Financing percentages, tenor, security requirements and eligible off takers are determined based on transaction risk assessment and internal credit policy.
Email [email protected] or visit your nearest Stanbic Bank branch for more information on the solution’s requirements.
Refer to General Terms and Conditions
All facilities are subject to Stanbic Bank's credit approval process. Financing percentages, tenor, security requirements and eligible off takers are determined based on transaction risk assessment and internal credit policy.