Trade Finance
Documentary Collection

Documentary Collection

For entities engaged in international trade

General

General
Tariffs
Documentary Collection

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.

Special offer

Visa Business Card

Use the Visa Business card for enterprises. Make payments all over the world and get one of the many benefits for business for only 5,000 drams a year.

Documentary Collection - Special offers
Issuance of collection order, acceptance and sending of documents
0.2%, minimum 50,000
Change or cancellation of terms of collection
25,000
Advising of collection order and each change
25,000
Payment/acceptance of collection order
0.1%,

minimum 6,000,

maximum 45,000
Providing documents to the client
Free
Return of documents resented for collection but unpaid by the client
50,000
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/THE BANK CONTROLLED BY THE CENTRAL BANK OF ARMENIA/
Information updated 28.10.2021 07:45
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