Values to be Collected by Shipping Documents

Ensure monitoring of payment processes

As a supplier, you ensure the delivery of your goods, while as an importer, you ensure the implementation of your pre-agreed payment method.

For importers

You can reduce the management time and cost of documents against payment, thanks to a wide range of correspondents in every market, by means of which you can avoid going through other intermediary banks. Furthermore, you can monitor your payables and your information statements through NBG.

For exporters

You can ensure the accurate depiction of the pre-agreed terms in the collection order to the foreign Bank. At the same time, through NBG you can monitor the progress of the delivery of documents against payment, the acceptance/issuance of debits instruments and of the collections, as well as enjoy instant crediting of the incoming interbank payments.

Continuous support

You receive guidance and support for your trading transactions worldwide, thanks to the expertise and personalized service that NBG offers.

Do you need more information?

For more information, you can contact your business liaison by phone or by e-mail.

Contact

I want i-bank Trade Finance for my business

Manage the documentary collection transactions of your business online through an award-winning platform.

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We have created an integrated digital platform for our individual and business customers, which is currently being used by around 2.3 million customers and can support more than 8 thousand users, 60 thousand calls and 3 thousand money transactions per minute on days with heavy workloads. This is the largest volume of transactions serviced in the Greek banking market.

Stratos Molyviatis

Group Chief Operating Officer at National Bank of Greece

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The digital transformation of businesses is not a luxury, but an actual need and it does not concern just a few companies or sectors, but every company and every sector. NBG’s comprehensive and integrated Digital Proposal for its business customers is here to provide easy-to-use solutions and tools, thus responding to the needs of every Greek enterprise.

Vasilis Karamouzis

General Manager of Corporate and Investment Banking

Do you want more information?

What does documentary collection provide?

Documentary collection provides the supplier assurance regarding the delivery of the goods, and the importer assurance regarding implementation of the pre-agreed method of payment.

Why choose documentary collections from NBG?

NBG has a wide network of correspondent banks in every market, acts as a fiduciary and intermediary between the importer and their supplier’s bank, delivers the bills of lading pursuant to the order of the sending bank and provides for the timely payment of their value or the legal acceptance and payment of a debt instrument. Furthermore, NBG is the bank of choice of the foreign correspondent banks due to its longstanding relationship with key global financial institutions.