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SCB Inward Bills for Collection
Save time and release your goods as soon as the shipping documents arrive.
Bills for collection (B/C) is a type of trade payment in which a partner agrees that once the exporter has shipped the goods, bills and shipping documents will be submitted via the remitting bank (exporter bank) and couriered to the collecting bank (importer bank). In exchange for the shipping documents, the importer must pay or certify in accordance with the terms of the bills.
If the charge is successful, the collected funds will be remitted to the exporter via the remitting bank without any obligations.