Bank for business       > Bank for business   Documentary operations    DOCUMENTARY CREDITS    DOCUMENTARY COLLECTION By using documentary credits of Kreditprombank, you may secure your transactions and feel secure about the performance of the obligations of your contractors... Documentary collection is a procedure for payments consisting in that the Bank collects the amount payable by a Purchaser to the Seller against a presentation of appropriate documents. Such procedure provides for a higher security of payments since it makes it impossible for a Purchaser to appropriate the unpaid commodities...    GUARANTEES AND BAILS Bank guarantee means a bail provided by a guarantor bank securing the performance of money liabilities and other obligations of its client...           page address: /rus/business_documentary.html           All rights reserved           © 2004 Kreditprombank