An import collection offers a safe, secure method of sourcing products globally to help you increase your business' opportunities.
An import documentary collection is generally faster, simpler and more cost effective than issuing a documentary credit.
In contrast to paying your supplier in advance of receiving goods, an import collection allows you to inspect commercial documents before making payment or agreeing to pay at a fixed future date.
Under an import collection, you have the flexibility to easily change contract terms on shipping, delivery and insurance right up until goods are shipped.
Import Collections can improve your cash flow by giving you the flexibility to negotiate credit terms with your seller. Moreover, you do not need to place a deposit or use bank facilities, which are required under an import document collection.
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United States persons (including entities) may be subject to U.S. taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their U.S. and non-U.S. accounts. U.S. persons and entities should consult a tax advisor for more information.
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Trade and Supply Chain transactions may be subject to credit approval. Other restrictions, including specific country regulations may apply. Foreign currency exchange rates may apply to certain trade transactions. Certain products and solutions may not be offered in every market.
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