International Payment

Import Collection

 


1. Introduction

With service of Import collection , DongA Bank acts on behalf of enterprises to pay for importer, making sure payment is made timely and accurately. 

  

2. Product features

  • Document against payment – D/P: Enterprises shall pay advance amount sufficient for payment upon receiving payment documents.
  • Document against acceptance – D/A:  Enterprises shall sign to accept  the payment of bill of exchange  upon receiving payment documents. Paying a security when it comes to due date of payment.
  • DongA Bank accepts import documents, then informs and transfers these documents to enterprises. At the same time, DongA Bank will make payment to overseas partners of enterprises.
 

 

3. Benefits

  • Receiving of notice for receiving of documents in fastest time.
  • Fast and accurate
  • Highly secured and confidential
  • Reasonable service fees
  • Good customer service and detailed instructions provided by DongA Bank's staffs
  • Customers shall be considered for Imports payment loan

4. Fees and charges

Click here to see fees and charges

 

5. Documents

  • Trade contract
  • Confide contract in case customer is entrust party
  • Application form for purchase of foreign currency ( if having demand)
  • License for import/ quota ( for goods which need to have license for  import/quota)
  • Copy of goods import declaration  (to be added when completion of import procedures )
  • In case of payment term to be more than 01 year: Document for registration of  foreign loan and payment of debt made by State bank must be supplemented.

 

6. Contacts:

For enquiries or further instructions, please contact:

 


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