1. You only need to select the remitting bank.

2. If the remitting bank does not make a thorough check of the documents, disaster can quickly result.

3. Remitting bank is the bank to which the drawer entrusts the collection items.

4. The intermediary bank is selected by the remitting bank .

5. The remittance charge (for remitting bank) shall be borne by the buyer.

6. The remitting bank change its position from an agent to a financing party.

7. If the remitting bank.

7. try its best to collect and make good sentences.

8. It is undisputed that the principal and the remitting bank are in the relation of principal and agent, so do the remitting bank and the collecting bank.

9. Remitting Bank is the exporter's bank which sends the collection in according with the instructions of the exporter.

10. In such cases, the remitting bank and collecting bank bear no responsibility.

11. The remitting bank will charge their clients a small fee for this service.

12. On receipt of such advice the remitting bank must give appropriate instruction as to the further handling of the documents.

13. If the remitting Bank does not nominate a specific presenting Bank, the collecting Bank may utilise a presenting Bank of its choice.

14. On receipt of such advice the remitting Bank must give appropriate instructions as to the further handling of the documents.

15. Here are the details of my remittance, including the name of the remitting bank and the remittance number.

16. It is mainly used in intra-city settlement which time period is zero seconds. The receiving bank credit the amount to the beneficiary's account once the data from remitting bank has been received.

17. Such reserve or indemnity concerns only the relations between the remitting bank and the party towards whom the reserve was made.

18. If the above are all correct, the remitter can check the details from remitting bank.

19. When the goods are dispatched, we'll issue a sight draft against you, which will be sent together with the shipping documents through our remitting bank to the collecting bank at your end.

20. The documents and collection instruction may be sent directly by the remitting bank to the collecting bank or through another bank as intermediary.