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Import Documentary Collection
@GlobalTrade Import Documentary Collection system is a web-based solution enabling treasury to electronically receive documents presented on collection terms from its banks. Treasury can chose to allocate received collections to respective business units. Once authorized treasury and/or business unit users have reviewed the transaction the bank can be instructed electronically regarding the disposition of documents. Banks can access the system to send and receive authenticated messages to communicate on any collection matters.
Benefits for corporates
- Electronic notifications and alerts of new collections received
- Improved monitoring and control
- Faster processing of import documentary collections
- Improved efficiency in collection handling
- Easy creation of reports
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