Documentary collection means payment of claims arising from contractual relations against the presentation of commercial and/or financial documents to drawee, i.e. debtor from the main business. The commercial documents include: invoice, waybill, B/ L, certificate of origin of goods, insurance policies and related documents.

The seller delivers the goods with no guarantee that the buyer will take and pay for goods, and documents are redeemed by the buyer before the goods. Accordingly, a documentary collection is used as a rule, in business between long-time partner.

Collection is one of the neutral form of banking business. The Collection means that Bank is the intermediary between the two partners - the creditor and debtor. At the same time bank risk is reduced to a minimum because it does not guarantee the success of collection of receivables, but only the execution of certain services.

RAZVOJNA BANKA VOJVODINE a.d. Novi Sad performs tasks related to the receipt of collection of documents entrusted to collect, sending documents for collection, as well as arrangement of charging. In that purpose, the Bank provides advices in dealing with international bills of exchange, acceptance, etc.