Documentary Remittance - Payments & Collections

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z

What is a documentary remittance?

Documentary remittance is a collection procedure in which a bank receives a mandate from the seller to collect the amount of the debt against the remittance of documents. Documentary remittance can be made in exchange for payment or acceptance.

Who are the stakeholders?

  • The principal or remitter: the exporter

  • The drawee: the importer

  • The remitting bank: the exporter's bank

  • The presenting bank: It is the corresponding bank of the exporter in the importer's country.

 

schema

Scheme of realization

schema

Our latest news and insights

Societe Generale recognized by the Real Estate Capital Europe Awards
Societe Generale has been distinguished at the Real Estate Capital Europe Awards, earning three top accolades that...
Awards & Rankings
Societe Generale has been distinguished at the Real Estate Capital Europe Awards, earning three top accolades that underscore its leadership, expertise, and commitment to delivering landmark real estate financings across Europe.
Societe Generale recognized by the Real Estate Capital Europe Awards
"I Learn, Therefore I Evolve": Rethinking Human Learning in the Age of AI (ft. Dr. Barbara Oakley)
What if our biggest edge in an AI world isn’t more data—but better learning
Podcasts
What if our biggest edge in an AI world isn’t more data—but better learning
"I Learn, Therefore I Evolve": Rethinking Human Learning in the Age of AI (ft. Dr. Barbara Oakley)
Societe Generale named "Americas Bank of the Year" by PFI
Societe Generale has demonstrated its leadership in project and infrastructure finance, earning several recognitions...
Awards & Rankings
Societe Generale has demonstrated its leadership in project and infrastructure finance, earning several recognitions from Project Finance International.
Societe Generale named "Americas Bank of the Year" by PFI
More results google link