Collections
The Belize Bank offers both an import and export collection service. Import collection is a simpler alternative to Letters of Credit. When your suppliers send the documents to us through their bankers, we will inform you immediately. Documents are released to you when your supplier’s payment terms are fulfilled.
With our Export Bills for Collection service, you simply present your documents to us and we will send them to your buyer’s banker in a timely manner. Documents will be released to your buyer upon payment or acceptance.
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