Bill collection means the performance by the Bank, at your request, of the following bill business:

• receipt of a payment or acceptance of a bill
• negotiation of a bill against a payment or acceptance
• negotiation of a bill on other terms.

• Kreditprombank may also effect documentary collection, i.e. a collection of bills with the accompanying commercial instruments.

WHY KREDITPROMBANK?

• You may receive a payment under a bill in another region on a distant basis - Kreditprombank will receive such payment for you.
• Collection of bills with Kreditprombank will reduce risks and expenses in connection with presenting a bill for payment.