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- Bills for Collection
Bills for Collection - Trade Finance
Bills for Collection is a facility in which documents are handled by banks in accordance with instructions received, in order to:
- Obtain payment and/or acceptance
- Deliver documents against payment and/or against acceptance
Features & Benefits
Efficient handling of bills and timely realisation of receivables
Streamline your bill processing for faster payment realisation and improved cash flow.
Collection through our wide network of branches
Access hassle-free collection services with extensive branch coverage across locations.
Real-time notification
Buyer promptly receives information on receipt of shipping document
This account comes with a host of unique features:
- Zero Monthly Average balance Requirement
- Extended benefits in cash deposits, withdrawal, chequebook, NEFT and RTGS
- Nil Monthly Service charge
- Classic , Supreme and Platinum options available for debit card. Click here
Disclaimer
Product offering is subject to certain eligibility criteria as per Bank's internal policy and is subject to Bank's discretion.
