eInternational Documentary Collection

INV + Data = CPA

International Documentary Collection

The International Documentary Collection is the collection by the seller’s bank of funds due from a buyer against the delivery of documents. The bank, acting as agent for the seller presents documents to the buyer through that party’s bank and in exchange receives payments of the amount owed, or obtains acceptance of a time draft for payment at a future date.

eInternational Documentary Collection Trade Function

The eInternational Documentary Collection (CPA) is the electronic document equivalent of the International Documentary Collection. It is created using the same information generated by the seller. It is used for electronic presentation of an International Documentary Collection.