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Romanian Lumber and Timber Agency
Documentary Collection & Letter of Guarantee - A Safe Payment Modality

 
 
 
Under collection modality documents shall be transmitted towards Buyer through the banking circuit. 

Documentary Collection is an unsafe payment modality. To make it safe a Payment Letter of Guarantee is issued in Seller' s favour. 

Documentary collection is governed by Publication no. 522 Uniform Rules for Collection (1995 Revision) issued by International Chamber of Commerce, Paris. 

Payment guarantee letter shall be issued according to Publication no. 325 of International Chamber of Commerce, Paris.

 
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Romanian Lumber & Timber Agency On Web is the site of
Ec. Septimiu Petrascu, Export-Import Agent, 11, Traian Str., 2575 Sebes-Alba, Romania
Tel/Fax : 0040-58-730.786, e-Mail : septimiu@apulum.ro