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Export documentary collection

As part of our documentary collection process, we forward your export documents to a bank in the buyer's country. The documents are only released to the buyer when payment terms and conditions are met.

Export documentary letter of credit

An export documentary letter of credit is a document whereby your buyer instructs their bank to pay you, assuming that the agreed conditions specified in the original documentary credit, are met. It is an internationally accepted method of settling trade payments.

Export collection negotiations

We can provide you with short term, post-shipment finance by negotiating (or buying) the bill of exchange for up to 100% of its face value.

EFIC Export Working Capital Guarantee

EFIC Export Working Capital Guarantee (EWCG) is a direct guarantee to secure financing that Westpac extends to its small to medium sized export customers.