Documentary Collection

Documentary collection is a way of settlement where the seller submits the documents related to a trading transaction to the buyer through its bank  after the buyer settles them   (documents against payment – D/Pcash against documents – CAD)  or undertakes to settle them by accepting a bill of exchange (documents against acceptance – D/A).

How can a buyer benefit from this service?

How can a seller benefit from this service?

Where to apply for documentary collection?

We kindly recommend You to contact the Trade Finance and Factoring Department of Šiaulių Bankas:

Required information and assistance can also be provided in a customer service point  which is servicing Your company or by the Bank's Contact Centre by tel. 1813  (+370 301 337 337 when calling from abroad).