• Documentary Draft Collection: a common method of obtaining payment in an export sales transaction. In many cases, it gives you control over the delivery of your goods until your buyer makes payment.
  
  
• Letters of Credit: one of the fundamental ways of collecting payments in the international marketplace. They give you the peace of mind of knowing that a bank agrees to make payment to you as long as you perform under the terms of the L/C.
  
  
• Standby Letters of Credit: remarkably versatile instruments that can reassure your buyers that a bank is committed to supporting your performance and honoring your financial obligations.
  

MaxTrad Online°
Plus, now you can use MaxTrad Online to prepare L/C applications and electronically transmit them to the bank from your desktop. MaxTrad is designed to adapt to the way you work. This convenient software gives you the flexibility to initiate L/Cs and amendments using information you've already created. With MaxTrad, you can:

• Import or "cut and paste" information directly into your L/C applications and amendment requests from other PC software
  
  
• Access applications used to obtain previous L/Cs and revise the language to create a new document
  
  
• Create and store "boilerplate" phrases and "model" L/Cs
  
  
• Customize your reports using your on-site database

To learn how ColeTaylor’s international banking services can make the critical difference in your business’ growth and prosperity, please contact us by calling (847) 653-7974. We'll be sure to respond within the next business day.

Contact a banker now for more information. Or call us at 847-653-7974

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