Trade Finance

Bills for Collection

About this Service

Under our bills for collection service we ensure that you are advised promptly and your instructions are carried out according to your requirements. We are able to collect payment against release of shipping documents, or acceptance of a usance bill of exchange and subsequent payment at maturity, from your buyer’s nominated bank.

Export Collection

This provides you with a more secure payment for your exports. You can gain reassurance of payment and use the banking system to maintain control over your goods with Export Collections.

Import Collection

This is safer than paying for your goods in advance since you make a payment only when you receive evidence of the shipment, protecting against the risk of non-performance of your supplier.

Bills for Collection

Export Letters of Credit

We advise and confirm letters of credit to beneficiaries in the UK, in Europe and indeed anywhere in the world. Documents presented are checked in our London office by our team of experienced and qualified staff.

Import Letters of Credit

For corporate customers who have, or would like to have, an appropriate facility with us, we are able to open letters of credit in favour of your suppliers anywhere in the world.

Back-to-Back Letters of Credit

Subject to a facility being agreed, we may be able to assist our customers who wish to offer us a letter of credit issued in their favour as security for a separate letter of credit to be issued in favour of their suppliers.