Documentary Collection definition

Documentary Collection or “Collection” means the handling by banks of the Documents in accordance with the instruction received in order to:
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Documentary Collection means collection of:
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Documentary Collection means documentary collections handled or processed by us at your request and/or on your behalf as set out in clause 19 below.
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Examples of Documentary Collection in a sentence

  • NoType of servicePrices, EUR8.1.1.Import Documentary Collection (the Bank's customer is the buyer of goods) 8.1.1.1.Advice of Documentary collection50,00 EUR8.1.1.2.Delivery of documents against payment/acceptance0.20% of the amount (min.

  • Objects in the Documentary Collection may be used for research and exhibition.

  • Bank shall not be required to assume any responsibility or take any care beyond the duty and is only expected to exercise reasonable care, in sending the collection documents submitted by the Client under Documentary Collection either directly or through any of our offices or branches or correspondent banks or agents to the Collecting Bank.

  • The export documents sent through Documentary Collection route will be delivered by the Collecting Bank i.e. Buyer’s Bank to the Buyer as per the instructions mentioned on the ‘ Delivery instructions’.

  • You also agree that the URC may at our discretion apply to any Documentary Collection handled or processed by us.

  • Send new trade applications including Documentary Credit, Documentary Collection, Guarantees & Standby LC & Trade Loan; provide acceptance of Import Bills and settlement instructions.

  • Notwithstanding anything stated elsewhere to the contrary, our liability to you for any loss or damage arising from or in connection with any Undertaking or Documentary Collection to which these Terms and Conditions apply, shall be limited to the amount of actual direct losses attributable to our gross negligence, wilful default or fraud arising out of any such Undertaking or Documentary Collection.

  • Spence, The Search for Modern China: A Documentary Collection, 139.

  • However, upon receipt of such funds, the Bank shall be entitled to use those proceeds, as it may deem fit, for any Indebtedness of the Client to the Bank, notwithstanding whether such Indebtedness is secured or unsecured, before transferring proceeds of such Documentary Collection to the account of the Client.

  • Spence, The Search for Modern China: A Documentary Collection (New York: W.W. Norton Company Inc., 1999), 155.


More Definitions of Documentary Collection

Documentary Collection means an arrangement whereby the Borrower settles for the Imported Goods to a Collecting Bank, either by payment against a sight draft drawn on the Borrower or by acceptance of a time draft drawn on the Borrower.
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Documentary Collection means and includes a documentary collection, in form and substance acceptable to Bank (i) which has been drawn on parties acceptable to Bank and (ii) in which Bank has validly perfected assignment of the proceeds thereof first in priority.
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Documentary Collection or “Collection” means the handling by banks of financial and/or commercial documents in accordance with the instruction received in order to:
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Documentary Collection means documentary collections handled or processed by us at your
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Related to Documentary Collection

  • Finance Charge Collections means Collections of Finance Charge Receivables.

  • Available Finance Charge Collections means, for any Monthly Period, an amount equal to the sum of (a) the Investor Finance Charge Collections for such Monthly Period, (b) the Series 2012-1 Excess Finance Charge Collections for such Monthly Period, (c) Principal Accumulation Investment Proceeds, if any, with respect to the related Transfer Date, (d) interest and earnings on funds on deposit in the Reserve Account which will be deposited into the Finance Charge Account on the related Payment Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(a), and (e) amounts, if any, to be withdrawn from the Reserve Account which will be deposited into the Finance Charge Account on the related Transfer Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(c).

  • Interest Collections means, (i) with respect to any Loan Asset, all payments and collections attributable to interest on such Loan Asset, including, without limitation, all scheduled payments of interest and payments of interest relating to principal prepayments, all guaranty payments attributable to interest and proceeds of any liquidations, sales, dispositions or securitizations attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees or other amounts received in respect of Loan Assets.

  • Investor Finance Charge Collections means, for any Monthly Period, an amount equal to the aggregate amount of Finance Charge Collections allocated to the Series issued pursuant to this Indenture Supplement pursuant to Section 4.3(a) for all Dates of Processing during such Monthly Period.

  • Debt collection means the collection of unpaid tolls and applicable administrative fees by (i) 652 retention of a third-party debt collector or (ii) collection practices undertaken by employees of a toll 653 facility operator that are materially similar to a third-party debt collector.

  • Principal Collections means Collections of Principal Receivables.

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • data collection means the collection and verification of meter reading data from natural gas meters; “data transfer” means the transfer of metered data to the GPRO;

  • Defaulted Account means an Account in which there are Defaulted Receivables.

  • Project Loan Account means any of the Accounts within the Project Fund so designated and established by Article V.

  • Available Principal Collections means, with respect to any Monthly Period, an amount equal to the sum of (a) (i) an amount equal to the Principal Allocation Percentage of Series2023-3 Allocable Principal Collections received during such Monthly Period minus (ii) the amount of Reallocated Principal Collections with respect to such Monthly Period which pursuant to Section 4.08 are required to fund the Required Amount for the related Distribution Date, (b) any Shared Principal Collections with respect to other Series that are allocated to Series 2023-3 in accordance with Section 4.04 of the Agreement and Section 4.11 of this Supplement, and (c) any other amounts which pursuant to Section 4.05 or 4.07 of this Supplement are to be treated as Available Principal Collections with respect to the related Distribution Date.