Documentary Collections

By mmuise

CIBC offers businesses the opportunity to hedge against payment risk by settling transactions through a cost-effective solution, such as Documentary Collections.

Comments on Funding:

Funding takes the form of a Documentary Collection. Documentary collections provide an alternative payment arrangement to cash in advance or open account terms, providing both exporters and importers with a greater degree of confidence throughout the transaction process.

Deadline: Continuous Intake

Applicants must be engaged in exporting and importing businesses.

Application Steps:

Applicants must complete the online contact form.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:


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