Documentary collection
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Documentary collection

Documentary collection – a convenient payment method for our customers engaged in foreign trade.

To use a documentary collection service it is enough to have an account at IBA and submit a collection order to the bank.

Terms

  • Protection of the interests of counterparties;
  • Additional guarantee of execution of the contract: importer makes payment only after all the documents are provided to the bank by the exporter;
  • Operation is carried out in accordance with standardized international terms.

Charge and fees

Collection operations
Acceptance of documents for collection 0.1% (min. USD 100 equivalent)
Local post services ( for each postage) AZN 10
International post services (for each postage) AZN 70
IBA Mobile
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