Collection for entities engaged in international trade
Control the payments for your goods during import and export with the help of Collection service.
Within the frame of Collection the Bank offers mediation for transfer of documents and payments. In case of Collection the importer (buyer) and the exporter (seller) know each other, and the exporter is confident that the importer will pay against documents sent.
Within the scope of this service the exporter transfers documents to the importer through IDBank for the purpose to receive payment. IDBank plays the role of document transmitter without assuming liability for payment.