The seller issues a draft, to which the shipping documents are attached, forwards the draft to a bank in his place (i.e., the remitting bank), make an application for collection and entrusts the remitting bank to collect the purchase price from the buyer
The seller issues a draft, to which the shipping documents are attached, forwards the draft to a bank in his place (i.e., the remitting bank), make an application for collection and entrusts the remitting bank to collect the purchase price from the buyer
由卖方开具汇票并随附单据，把它交给当地银行（托收银行以托银行）并提出托收申请，委托该行通过它在进口地的代理行（代收银行），代向进口人收款。