Manage your global trade cycle effectively.
Comerica understands the importance of protecting your company when importing and exporting goods. Our documentary collections services are ideal for situations where you are dealing with a known trading partner but still require control of your transactions.
Import documentary collections
With Comerica’s import documentary collections you maintain control over the payment to your
supplier – payment is made only after Comerica receives the title documents for your goods from the foreign bank.
Export documentary collections
With Comerica’s export documentary collections you maintain control over the delivery of your goods – the foreign bank will not release the title documents to your buyer until payment or a promise of payment (acceptance) from your buyer has been received.