Hotline : 

  • 0061-2-8235 5888(From Overseas)
  • 1800 095 566(Within Australia)
Current Position : Home > BOC Australia > Corporate Banking > Trade Services > Trade Settlement
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Examination of Documents

The Examination of Documents here means the combined service provided by the Bank, including examination of documents and sending of the document for payment to the issuing bank. The product is for the needs of exporters for settlement and collection of payments under L/Cs.

FEATURES

•The product is for the needs of exporters for settlement and collection of payments under L/Cs.

•Low risks. The issuing bank’s bank credit substitutes the commercial credit of importers and provides a conditional payment undertaking for exporters.

•High initiative. So long as the document quality is ensured, the unconditional payment undertaking will be granted by the issuing bank, while the document quality is under the full control of exporters.

•Passing on costs. Banking fees related to issuance of the L/C may be borne by importers, which is advantageous for exporters.

•High quality of document examination and experienced in handling complicated requirements, most professional among the peers.

•Highly skilled negotiation skills and effective response to and disposal of disputes such as unjustified payment rejection; skillful application of international practices to protect your interests to the maximum extent.

•Fast collection of payment. With a global network of correspondent banks, advanced technical means and rigorous system on expediting collection and appraisal, we guarantee timely collection of your export payments.