Bill Collection Financing Product
Bill Collection Financing is bill financing provided by BNI both to :
- Exporter (drawer) through the acquisition of bills in the Outward Documentary Collection method by discount (also known as Outward Bill Collection Financing-OBCF).
- Importer (drawee) on Inward Documentary Collection transactions in the form of payment collection (D/P) or acceptance acquisition (D/A) from drawee on the basis of the value of commercial document or accompanied by financial document (money order) in accordance with instructions from Remitting Bank (Inward Bill Collection Financing-IBCF).