The Export Collections business sector is used to send documents received from a customer to a correspondent bank located abroad for collection.

Depending on the terms and conditions, the documents are forwarded to the drawee against payment or acceptance, or against a promise to pay. Conditions can also allow for the documents to be submitted against mixed payment terms.

The MyModelbank contains several contracts at various stages of processing which provide examples of the contingent variations. The relevant transactions have then been processed in full to illustrate the methods of working with the application. The list of contracts and processed transactions can be found in the chapter 'Contracts and Transactions'. These examples have been written with the standard version of the application. Due to the fact that customer-specific adjustments may have been carried out, real results can vary from those provided by the MyModelbank.

The different ways of working with the individual transactions are described in the user documentation of the application.