Encashment (documentary collection of payment) operations include buying the documents by the users that are presented by the banks, and by this it is facilitated the fast and efficient monitoring and payment of the import/export of goods that has been already carried out, wile in parallel receiving all necessary documents for further handling the goods.
This instrument is recommended for the transactions concluded between the long-lasting partners. The bank, as the mediator, provides the synchronization in payment and in receiving the documents.
