Cash Against Documents or documentary collection is a process in which a seller instructs their bank to forward documents related to the export of goods to a buyer’s bank with a request to present these documents to the buyer for payment. It also indicates when and conditions on which the bank can release these documents to the buyer. As the funding source for US-based Import companies, Bankers factoring often pays the seller (our client’s supplier) when documentation is presented that proves the finished goods meet all quality, quantity, and timeliness requirements of the Account Debtor (our client’s customer) as part of our Vendor Guarantee Program.