Inward
Other services offered by bank bjb are forwarding bills of script received from Remitting Bank through the act of submitting documents to the Buyer (Drawee) to obtain payment or acceptance and forwarding it to the Exporter/Seller (Principal) through the Bank (Remitting Bank).
Benefit
- Flexibility to check documents for goods sent by the Exporter/Seller before making payment.
- Allows the acquisition of imported goods before making payment. (D/A).
- An alternative payment from LC
Outward
Other service offered by bank bjb is to provide billing services for export/ trade document for exporters/sellers who guarantee the exporters/sellers to retain power over goods/documents until receipt of payment/acceptance of drafts by importers through their banks.
Convincing exporters/sellers to send documents and billing through international banking network.