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.