Get the up-to-date uob documentary collection form 2024 now

Get Form
uob documentary collection form Preview on Page 1

Here's how it works

01. Edit your form online
01. Edit your form online
Type text, add images, blackout confidential details, add comments, highlights and more.
02. Sign it in a few clicks
02. Sign it in a few clicks
Draw your signature, type it, upload its image, or use your mobile device as a signature pad.
03. Share your form with others
03. Share your form with others
Send it via email, link, or fax. You can also download it, export it or print it out.

The best way to edit Uob documentary collection form in PDF format online

Form edit decoration
9.5
Ease of Setup
DocHub User Ratings on G2
9.0
Ease of Use
DocHub User Ratings on G2

Adjusting documents with our extensive and intuitive PDF editor is simple. Adhere to the instructions below to complete Uob documentary collection form online quickly and easily:

  1. Sign in to your account. Log in with your credentials or register a free account to try the product prior to upgrading the subscription.
  2. Import a form. Drag and drop the file from your device or add it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
  3. Edit Uob documentary collection form. Easily add and highlight text, insert images, checkmarks, and signs, drop new fillable fields, and rearrange or delete pages from your document.
  4. Get the Uob documentary collection form completed. Download your adjusted document, export it to the cloud, print it from the editor, or share it with others using a Shareable link or as an email attachment.

Take advantage of DocHub, one of the most easy-to-use editors to rapidly manage your documentation online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
Contact us
There are two types of Documentary collections: Documents against Payment Collection (D/P): The importer receives the delivery documents only against payment. Documents against Acceptance Collection (D/A):
Risk Degree: Letters of credit give more assurance to the exporters than cash against documents. For this reason the letter of credit is accepted as a more secure payment method in international trade than the documentary collection.
Steps in Export and Documentary Collection The documents are prepared and sent to the exporters bank, which is also known as the remitting bank. The exporters bank then forwards the documents to the importers bank, which is known as the collecting bank.
A Documentary Credit (D/C) also known as Letter of Credit (L/C) is a method of payment where the buyers bank guarantees payment to the seller with the condition that the seller has to fulfil the terms specified in the L/C.
A letter of credit is a legally binding document that guarantees payment to a seller. A documentary collection allows a buyer to refuse a shipment if it does not match the standards of excellence. The importers bank issues the letter of credit, while the exporters bank issues a documentary collection.
be ready to get more

Complete this form in 5 minutes or less

Get form

People also ask

What does Documentary letter of credit mean? A documentary letter of credit is where the buyer under an international sales contract procures his bank to issue an irrevocable credit in favour of the seller to pay an agreed sum of money against tender by the seller of the shipping documents.
A letter of credit is a legally binding document that guarantees payment to a seller. A documentary collection allows a buyer to refuse a shipment if it does not match the standards of excellence. The importers bank issues the letter of credit, while the exporters bank issues a documentary collection.
A documentary collection refers to apayment collected by a bank at the sellers request against handover of documents to the buyer. (the sellers bank) together with the collection order. The remitting bank sends the documents, together with the necessary instructions, to a bank in the buyers country.

Related links