As the exporter, you will present your shipping documents to us for the collection of payments.
BRED Bank will send your shipping documents to the buyer’s bank with specific instructions as to their release. You will maintain control over the goods until they are paid for, or until the buyer has given their undertaking or acceptance to pay at a future date.
BRED Bank will keep track of your export collection until payment is received by BRED Bank, at which time they will be credited to your account promptly. In the event of non-payment, BRED Bank will inform you immediately.