Foreign Bills of Collection

Foreign Bills for Collection (FBCs)

This is a trade settlement method that offers simplicity, structure and control.

For Exporters
FBCs ensure that you maintain control of your goods until the buyer has either paid or accepted a future-dated payment responsibility. As a professional intermediary, we ensure that international collection standards are met, and payment terms are honoured before the release of documents.
For Importers
FBCs provide a structured yet flexible payment process. Your interests are protected, document accuracy is ensured, and you are able to negotiate payment terms that align with your cash flow.

FirstRand Bank Limited (London Branch) UK establishment office (Branch Reg No BR010027), is a branch of FirstRand Bank Limited, a public limited company registered with the Companies and Intellectual Property Commission in South Africa (Reg No 1929/001225/06). FirstRand Bank Limited is authorised and regulated by the South African Reserve Bank’s Prudential Authority. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

ForeignBillsofCollection

Foreign Bills for Collection (FBCs)

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ForeignBillsofCollection

Foreign Bills for Collection (FBCs)