Mercantile Bank offers you Bills of Collection – a common and popular means of obtaining payment in international trade transactions. We offer this product to assist you to facilitate payment from suppliers that are well known and trusted by you.
Key Features and Benefits
- Lower costs: Benefit from this cheaper form of guarantee
- Control: Retain control over goods traded when the original Bill of Lading is sent via the banking system and not directly to importers
- Competitive pricing: Agree on a competitive price, negotiated with your Business Manager or Account Executive.