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

Supporting the transformation of the cruise industry
Societe Generale has supported MSC Cruises (MSCC), one of the world's leading cruise companies, in the financing of two...
Clients' successes
Societe Generale has supported MSC Cruises (MSCC), one of the world's leading cruise companies, in the financing of two new generation cruise ships.
Supporting the transformation of the cruise industry
Societe Generale awarded "Sustainability Aviation Bank of the Year" by Airline Economics Magazine
​Societe Generale has been recognized by Airline Economics Magazine as:
Awards & Rankings
​Societe Generale has been recognized by Airline Economics Magazine as:
Societe Generale awarded "Sustainability Aviation Bank of the Year" by Airline Economics Magazine
Societe Generale shines at the GlobalCapital Derivatives Awards 2025
These recognitions come in a year marked by a rapidly changing macro environment and evolving client needs.
Awards & Rankings
These recognitions come in a year marked by a rapidly changing macro environment and evolving client needs.
Societe Generale shines at the GlobalCapital Derivatives Awards 2025
More results google link