In this transaction, the collection is received from the remitting bank and data is recorded.
The bank needs to send an advice to the drawee informing of the presented documents and the upcoming due date. It should request the drawee to pay the funds on an account of the bank.
If the collecting bank (bank using the application) does not know the importer and a second collecting bank has been specified, the documents are forwarded to the second collecting bank and are not sent to the drawee.
We distinguish the following types of collections:
There is also the possibility of releasing the goods in this transaction. If the goods are addressed to the bank using the application, these can be released immediately using this transaction (i.e. when the documents have been presented), without first having to open the “Release of Goods” (BCTROG) transaction. Depending on the “type of release”, either a release of goods or a bill of lading guarantee is send to the forwarder.
An existing Import Collection contract which is not open and not closed.
For incoming allNETT / RIVO messages see Overview of Incoming messages - allNETT / RIVO.
None
For more information see TRNDIA Diaries.
Action | Description | Diary | Follow-up Transaction | Comment |
---|---|---|---|---|
Replace | Accepted ? | Today + 5 Working Days | Common Messages | “Collection Condition”<> 'Clean Collection' |
Replace | Payment/ Instructions received? | Maturity Date + 1 Working Day | Common Messages | “Collection Condition”= 'Clean Collection' and “Maturity Date” filled |
Completed | Diaries, which were created in Release of Goods are set to done |
Liability posting depends on the “Draft to be Guaranteed” checkbox.
Details on creation of messages can be found under DOCEOT Messages. For outgoing allNETT / RIVO messages see Overview of Outgoing messages - allNETT / RIVO.
Name of Message | Receiver | Message ID | SWIFT | TCO | Comment |
---|---|---|---|---|---|
Advice of Documents 1st mail | Drawer/2nd Collecting Bank | BCTDRE1 | T40 | ||
Advice of Documents 2nd mail | Drawer/2nd Collecting Bank | BCTDRE2 | |||
Reply Letter of Undertaking | Drawer/2nd Collecting Bank | BCTDRE3 | |||
Reply Letter Payment Instr. | Drawer/2nd Collecting Bank | BCTDRE4 | This message is created as letter only. | ||
Acknowledgment of Collection | Drawer/Remitting Bank | BCTDRR1 | 410 | ||
Shipping Guarantee | Carrier | BCTROG1 | If the “Release of Goods” field has been changed from 'Goods not released' to 'Release at request of customer' or 'Release at request of carrier', and the “Release Type” field is set to 'Release under shipping guarantee' | ||
Release of Goods | Carrier | BCTROG2 | If the “Release of Goods” field has been changed from 'Goods not released' to 'Release at request of customer' or 'Release at request of carrier', and the “Release Type” field is set to 'Release under AWB, CMR, FCR or B/L Endorsement' |
Signature required
Overview
Instructions
Outgoing TCO Inst. (T40)
Shipping Details
allNETT Fields
Parties
Liability
Settlement Details
Settlement
Bookings
Cash Cover
DTAEA Fields
DTALC Fields
Completion
Incoming Tag 72/79
Messages
Compliance
Attachments
Fee Conditions
DTAG Fields
Datafield | Description |
---|---|
Own Reference | cf Appendix A, Table BCD field OWNREF |
Responsible User | cf Appendix A, Table BCD field OWNUSR |
Reserved Contract | cf Appendix A, Table BCD field RESFLG |
Draft to be Guaranteed | cf Appendix A, Table BCD field DFTGARFLG |
Currency | cf Appendix A, Table CBB field CUR |
Collection Amount | cf Appendix A, Table CBB field AMT |
Currency | cf Appendix A, Table CBB field CUR |
Open Collection Amount | This field contains the amount which has not been settled. cf Appendix A, Table CBB field AMT |
Direct rejection | cf Appendix A, Table BCD field REJFLG |
Applicable Rule Checkbox | cf Appendix A, Table BCD field APPRULFLG |
Date Documents Received | cf Appendix A, Table BCD field RCVDAT |
Presentation Date | cf Appendix A, Table BCD field PREDAT |
Date of Advice of Documents Received | cf Appendix A, Table BCD field ADVDAT |
Send Original Documents to Drawee | cf Appendix A, Table BCD field ORIDRE |
Collection Condition | cf Appendix A, Table BCD field DOCTYPCOD |
Maturity Date | cf Appendix A, Table BCD field MATDAT |
Number of Days/Months for Maturity Period | cf Appendix A, Table BCD field MATPERCNT |
Days/Months or Years for Maturity Period | cf Appendix A, Table BCD field MATPERTYP |
Start of Maturity Period (MATBEG) | cf Appendix A, Table BCD field MATPERBEG |
Tenor Details | cf Appendix A, Table BCT field BCGDET |
Tenor Details Modified | cf Appendix A, Table BCT field BCGDETFLG |
Copies in 1st Mail | This field contains the number of documents in figures to be sent with the first mail. If documents are to be sent with one mail only, insert the total number of each document in this column. |
Copies in 2nd Mail | This field contains the number of documents to be sent by second mail (if any) |
Document Description | This field contains the kind of document to be mentioned in the document specification. Either select a document from the selection list or enter the document manually. |
External Key | cf Appendix A, Table PTS field EXTKEY |
Address Block | cf Appendix A, Table PTS field ADRBLK |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
External Key | cf Appendix A, Table PTS field EXTKEY |
Address Block | cf Appendix A, Table PTS field ADRBLK |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
External Key | cf Appendix A, Table PTS field EXTKEY |
Address Block | cf Appendix A, Table PTS field ADRBLK |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
Country Code (Risk Country) | cf Appendix A, Table BCD field STACTY |
Datafield | Description |
---|---|
Collection Instructions | cf Appendix A, Table BCT field COLINS |
Draft Instructions | cf Appendix A, Table BCT field DFTINS |
Protest Instructions | cf Appendix A, Table BCT field PROINS |
Other Instructions | cf Appendix A, Table BCT field OTHINS |
ALADI Checkbox | cf Appendix A, Table BCD field ALADIFLG |
ALADI Reimb. Code | cf Appendix A, Table BCD field ALADICOD |
Fee settlement - our fee to be debited to | cf Appendix A, Table BCD field CHATO |
Charges Text | cf Appendix A, Table BCT field CHGTXT |
Free Of Payment | cf Appendix A, Table BCD field FOCFLG |
Waive Collecting Bank Charges | cf Appendix A, Table BCD field WAICOLCOD |
Waive Remitting Bank Charges | cf Appendix A, Table BCD field WAIRMTCOD |
Defer Payment Until | cf Appendix A, Table BCD field OTHINS |
Goods Code (for Statistics) | cf Appendix A, Table BCD field STAGOD |
Datafield | Description |
---|---|
Free Text | cf Appendix A, Table BCT field BCTFRE |
Interest Instructions | cf Appendix A, Table BCT field INTINS |
External Key | cf Appendix A, Table PTS field EXTKEY |
Address Block | cf Appendix A, Table PTS field ADRBLK |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
External Key | cf Appendix A, Table PTS field EXTKEY |
Address Block | cf Appendix A, Table PTS field ADRBLK |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
Authority of Agent | cf Appendix A, Table BCT field AGTAUT |
Date of Agent's Invoice | cf Appendix A, Table BCD field AGTDAT |
Further Agent Information | cf Appendix A, Table BCT field AGTINF |
Datafield | Description |
---|---|
Release of Goods | cf Appendix A, Table BCD field RELGODFLG |
Release Type | cf Appendix A, Table BCD field RELTYP |
Date of Release of Goods | cf Appendix A, Table BCD field RELGODDAT |
Expiry Date of Shipping Guarantee | cf Appendix A, Table BCD field EXPDAT |
Transport Document Type | cf Appendix A, Table BCD field TRPDOCTYP |
Transport Document No. | cf Appendix A, Table BCD field TRPDOCNUM |
Date of Transport Document | cf Appendix A, Table BCD field TRADAT |
Mode of Transport | cf Appendix A, Table BCD field TRAMOD |
Name of Vessel | cf Appendix A, Table BCT field VESSELNAM |
Shipment from | cf Appendix A, Table BCD field SHPFRO |
For Transportation to | cf Appendix A, Table BCD field SHPTO |
Covered Goods | cf Appendix A, Table BCT field COVGOD |
External Key | cf Appendix A, Table PTS field EXTKEY |
Address Block | cf Appendix A, Table PTS field ADRBLK |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
Release to Drawee Flag | cf Appendix A, Table BCD field RTODREFLG |
Release to Address | cf Appendix A, Table BCT field RELADR |
Datafield | Description |
---|---|
Date of Transport Document | cf Appendix A, Table BCT field INC22032 |
Shipping route | cf Appendix A, Table BCT field INC22033 |
Datafield | Description |
---|---|
External Key | cf Appendix A, Table PTS field EXTKEY |
Address Block | cf Appendix A, Table PTS field ADRBLK |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |