Service provided by Nedbank Mozambique , which consists in receiving a set of documents sent by the Bank of the exporter with specific instructions for collection. Nedbank Mozambique informs the Client of the arrival of the documents and terms for delivery of the same(against prompt payment, acceptance of a bill of exchange or written declaration concerning payment at a future date agreed upon).

Benefits

• Savings on commissions and bank expenses
• Possibility of trade finance, i.e. when the payment is over time, the importer obtains in this way financing from the exporter
• Possibility of annulling exchange rate risks through negotiation, in parallel, of a forward exchange rate in the invoicing currency
• Defer the payment over time until the merchandise is delivered
• Having an alternative product to the Documentary Credits available for transactions in which the parties involved have already established a degree of mutual trust
• Possibility of the importer to inspect the merchandise prior to making payment