Overview Documentary Collection is a trade finance solution where the bank manages shipping documents on behalf of the exporter and collects payment from the importer. It provides greater control over goods without the complexity of Letters of Credit, making it ideal for established trading relationships. Features & Benefits Simple & Cost-Effective Benefit from a practical, cost-effective solution for trusted international buyers and suppliers. Greater Control of Goods Release documents only upon payment or acceptance to maintain greater control over goods. Bank-to-Bank Handling Rely on direct bank-to-bank coordination to manage delivery and payment securely. Supports D/P & D/A Terms Use flexible D/P and D/A payment terms to suit both importers and exporters. Ideal for Established Relationships Strengthen ongoing relationships through repeat transactions with trusted partners. Get in Touch with Our Trade Finance Solutions Team Find us, get in touch, and don’t hesitate to ask for assistance. Phone Number +966 XX XXXXXXX Email customer_service@saib.com.sa Types of Documentary Collections Import Documentary CollectionsAs an importer, benefit from SIB’s documentary collection services, where shipping documents are released only upon your acceptance or payment, giving you greater control over goods and reduced risk. Streamlined document verificationFlexible payment terms (D/P or D/A)Reduced dependency on Letters of CreditLower transaction costs Export Documentary CollectionsAs an exporter, rely on SIB to manage the secure delivery of shipping documents to your buyer’s bank, ensuring payment or acceptance is obtained before goods are released.Streamlined document verificationFlexible payment terms (D/P or D/A)Reduced dependency on Letters of CreditLower transaction costs We’re Always Within Reach Stay connected to your banking, through our customer care team, digital channels, and branches everywhere. Customer Care Submit inquiries, raise complaints, and access support anytime. /customer-care Branches & ATMs Easily locate branches and ATMs wherever you are. E-Banking Services Bank smarter and faster with our secure digital platforms. /personal/e-banking-services