Documentary collection | OTP banka Srbija
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Documentary collection

Documentary collection is a payment instrument used in import-export businesses. Compared to the documentary credit, documentary collection includes prior delivery or rendering of services by the vendor before execution of payment.

Documentary collection operations provided by OTP Bank

Necessary documentation
Application form for documentary collection

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+381 11 20 13 848

Documentary letters of credit

Documentary credit represents one of the most significant instruments of international payment in foreign trade business that enables more secure exchange of goods and protects interests of vendor and buyer.

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Guarantees

OTP bank issues and advise guarantees as security instruments. At the request of guarantee user the Bank undertakes to make payments up to the amount specified in the warranty, in the case of non-payment or default of contractual obligations by the instructing party under the guarantee.

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Documentary collection

Documentary collection is a payment instrument used in import-export businesses. Compared to the documentary credit, documentary collection includes prior delivery or rendering of services by the vendor before execution of payment.

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A team of professional online bankers is at your disposal every working day from 8 am to 6 pm and on Saturday from 9 am to 3 pm.

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