Ultimate Guide to Documentary Collections: Number 1

Money

Documentary collections are a great way to get paid for your invoices quickly. Unlike other methods of collecting payments, documentary collections can be completed in as little as a few days. In this article, we will discuss the basics of documentary collections and provide you with everything you need to know in order to start using them in your business. We’ll cover topics such as what documentary collections are, how they work, and the benefits they offer businesses.

What is a collection?

URC 522 defines a ”collection” as the handling by banks of documents to

-obtain payment and /or acceptance

-deliver documents against payment and/or acceptance

-deliver documents on other terms and conditions

Uniform Rules for Collection (URC 522)

Collections are governed by the International Chamber of Commerce (ICC) Uniform Rules for Collections (URC522), which were last updated in 2007. The URC is used by banks around the world when handling collections and provides a consistent framework for all parties involved.

What is a Documentary Collection?

A documentary collection is a type of trade finance transaction in which the exporter (seller) entrusts the documents required for the export of goods to their bank. The importer’s (buyer’s) bank then collects payment from the importer on behalf of the exporter.

Documentary collections are often used in international trade because they provide a degree of security for both buyers and sellers. For buyers, documentary collections offer the benefit of not having to pay for goods until they have received and inspected them. This means that buyers can avoid the risk of paying for goods that have not been shipped.

For sellers, documentary collections offer the benefit of being paid as soon the documents are presented for sight collections. Or payment at maturity for acceptance bills for collections. Collections also offer sellers the legal instrument to sue the buyer in case of default.

Documentary collections can be used for both physical goods and services, but they are most commonly used for the trade of physical goods.

How do documentary collections work?

The buyer and seller agree on commercial terms. They agree to use “Collection ” as a payment method subject to URC 522.

Seller also referred to as drawer, ships the goods and obtains documents stated in the commercial agreement. The seller instructs his bank to send the documents to the buyer’s bank with instructions to handle them as per the commercial terms agreement.

The buyer’s bank will release documents to the buyer against payment or acceptance, depending on the agreed terms. If the collection is on acceptance, then the importer then has a set period of time to pay the amount due on the invoice.

Once payment is received, the buyer’s bank will transfer the funds back to sellers banks.

What are negotiable instruments?

The backbone of documentary collections is Bills of exchange, which are negotiable instruments. This is because they offer some security to the seller in event of default.

Negotiable instruments are financial documents that can be used to make payments. Legally, a negotiable instrument is described as a written unconditional order by one party (the drawer) to another (the drawee) to pay a specified amount of money to a third party (the payee) at sight or a future determinable time.

Negotiability means that the instrument can be transferred from one party to another. The most common types of negotiable instruments are checks and bills of exchange (draft). Bill of exchange is proof of debt and can be used as evidence in a court of law.

Bills of exchange are the commonly used instruments in documentary collections. Sight collections will be accompanied by sight bills of exchange / demand bills of exchange. Tenure bills are used where differed payment is agreed. Others include promissory notes and checks.

Drafts, as they are also referred to, are discharged one full payment is received.

What is the importance of bills of exchange in documentary collections?

Once a bill of exchange is signed it represents a legally binding contract between the drawer and drawee. This means that the drawee is obligated to pay the specified amount of money to the payee at the agreed-upon time. If the drawee fails to do so, they are considered in default and can be sued by the payee.

Many commonwealth countries have a Bills of Exchange Act or Negotiable Instruments Act that legislates the use of bills of exchange. In the United States, there is no such Act, but the Uniform Commercial Code (UCC) contains provisions on negotiable instruments that are similar to those in the Bills of Exchange Act.

The importance of bills of exchange (BE) in documentary collections is that they allow the exporter to release goods to the importer before payment is done. That way, BE remains as their security in case of default.

What are the types of documentary collections?

There are two types of documentary collections: documents against payment (D/P) and documents against acceptance (D/A).

Documents against payment

In a D/P collection, the collecting bank releases the documents to the importer only after it has received payment from them. The importer then has a set period of time to make payment. If payment is not received within this time frame, the bank will return the documents to the exporter.

Documents against acceptance

In a D/A collection, the collecting bank releases the documents to the importer as soon as they receive them. The importer then has a set period of time to accept or reject the shipment. If the importer does not take action within this time frame, the bill of exchange will be automatically accepted and payment will be due at a future date that is specified in the contract.

Who are parties to documentary collections ?

The main parties in a documentary collection are the exporter, importer, collecting bank, and remitting bank.

Principal

The exporter is the party who is selling the goods and initiating the collection. Or as described in URC 522 , the party entrusting the handling of a collection to a bank.

Remiting bank

The remitting bank is the bank that is handling the collection on behalf of the importer. They are responsible for presenting the documents to collecting bank using a presentation schedule.

Presentation schedule includes the following details

  1. enclosed documents
  2. instructions on how to release the documents to the drawee
  3. how handle accepted drafts / bills of exchange
  4. what to do if documents are rejected by drawee
  5. what to do incase of nonpayment of accepted drafts( whether to protest or not)
  6. instructions of how to transfer funds to remiting once payment is received from the drawer.
  7. any other instructions relevant to the transactions.

Collecting bank

The collecting bank is the bank that is handling the collection on behalf of the exporter. They will be in charge of sending the documents to the importer and collecting payment from them. Collecting bank is responsible for handling as per instructions received from Remitting bank .

Drawee

The importer is the party who is buying the goods and is responsible for making payment. In a documentary collection, they are also known as the drawee.

What is the documentary collection process?

The process starts when the exporter and importer agree to use a documentary collection as a means of payment. The exporter will ship the goods and obtain transport documents from the shipping company or airline if goods are air freighted. He will then go ahead and prepare commercial documents.

The exporter will then send the commercial invoice and other required documents to the collecting bank through his bank(remitting bank). The collecting bank will review the documents and act as their instructions.

The importer will have a set period of time to make payment. If they do not make payment for documents against payment within this time frame, the collecting bank will notify the remitting bank. They will hold the documents until they receive instruction on how to dispose of the same. If payment is received, the collecting bank will release the documents to the importer so they can take possession of their goods.

If the document is on a DA basis, the collecting bank will present the bill of exchange to the importer(drawee) for acceptance. Upon receipt of acceptance by the drawee, the documents will be released. At maturity, the importer will make a payment, and proceeds transmitted to the exporter. However, this is not usually the case, and payment can delay, or there can be an outright default. Uniform Rules for Collection provides guidance on what to do in case of default.

Which documents are usually required in a documentary collection?

The documents required in a documentary collection vary depending on the type of transaction and the countries involved. However, there are some documents that are commonly required.

– Bill of lading: A bill of lading is a document that lists the goods being shipped and serves as a receipt for the shipper.

– Commercial invoice: A commercial invoice is a document that lists the products being shipped, their value, and other important details about the transaction.

– Bill of exchange: A bill of exchange is a negotiable instrument that can be used to make payments.

– Insurance policy: An insurance policy protects the goods being shipped in case of damage or loss.

-Photosynatary certificate: A phytosanitary certificate is a document that certifies that the goods being shipped are of plant origin.

-Packing List: A packing list is a document that lists the goods being shipped and their packaging.

-Airwaybill: An airwaybill is a document that lists the goods being shipped and their packaging.

– Certificate of Origin: A certificate of origin is a document that certifies that the goods being shipped are of a certain country of origin.

Clean collection vs documentary collections

There are basically two types of documents in a collection as described by the Uniform Rule for Collections. Financial documents and commercial documents.

Financial documents

These are documents that relate to the payment aspect of the transaction. They include documents such as bills of exchange, checks, promissory notes or similar instruments.

Commercial documents,

Commercial documents, on the other hand, are documents that relate to the goods being shipped. They include documents such as transport documents, documents of title, commercial invoices, and any other documents not being financial documents.

Clean collections

These are collections that involve only financial documents. This means that commercial documents are sent out of the banking system. Effectively, the importer can access the goods before accepting financial documents.

Companies that go for clean collections have developed have developed enough history with each other to have that comfort. The other category is companies dealing with their branches or subsidiaries.

Documentary collections

Documentary Collections URC522

These are collections that involve both financial and commercial documents.

The most common type of documentary collection is the Document against Payment (D/P) collection. In this type of collection, payment is made only when the required documents are presented to the drawee. The second type of documentary collection is the Document against Acceptance (D/A) collection. In this type of collection, the documents are released to the importer only after they have accepted the bill of exchange.

When to use documentary collections?

Before choosing documentary collections, you need to analyze the other alternatives.

Letters of credit (LC)

LCs are financial instruments where the issuing bank acts on behalf of the applicants, undertaking to pay the beneficiary on the production of documents confirming compliance with the terms and conditions. In other words, they offer a payment guarantee to the buyer while offering a performance obligation to the seller. They are generally expensive and documents heavy.

Open account

When the seller (exporter)sends the goods to the buyer(importer) requiring payment to be made when goods have arrived, this is called an Open account. Terms of payment can be 30, 60, or 90 days after the named event (date of bill of lading or date of sight). This clearly favors the buyer, as the beneficiary takes the risk of non-payment.

Advance payment

This is when the importer has sent funds to the exporter before goods are shipped. The importer takes a risk, the exporter’s risk of none-performance. They also need a lot of capital to continue carrying our business in this manner.

Back to the question above:

You can use collections when the other options don’t fit your operations and risk appetite. Sometimes the use of or prohibition is dictated by the seller.

Many companies using collections started using letters of credit.

What happens if you want to de-risk documentary collections?

Bill Avalisation

What happens if you want to derisk documentary collections?

Bill avalisation is one way to do this. Avalisation is when the bank guarantees payment of a draft to the seller, in case the buyer does not make the payment.

It is simply the bank guaranteeing payment of a draft to the seller, in case the buyer does not make the payment.

How bill avalisations works

The remitting bank will instruct the collecting bank to avalise the bill of exchange (draft) in addition to other conditions on presentation schedule.

In early days , authorised bank official would sign the draft in addition to the signature of the drawee. In case of default the drawer will have recouse on the either or both signors of the drafts. Today banks just send as SWIFT message(MT 499)to communicate avalization. The effect of both methods are same , the bank commits to make payment in event of default by drawee.

Documentary Credits (DC) vs Documentary Collections

#1.Documentary Credit is also known as a Letter of Credit. A Documentary Collection is also known as Bills for Collection. Both are international payments methods used in international trade.

#2.Documentary Credit is a guarantee of payment from a bank on behalf of the buyer. It also guarantees the buer that the seller will perform before payment is released .In Documentary Collection the banks act more as an intermediary between the two parties rather than guaranteeing payment.

#3.The Documentary Credit is a more secure method of payment for the seller as they are guaranteed payment by the issuer. The Documentary Collection is less secure for the seller as they are not guaranteed payment, although in practice, most Documentary Collections are paid.

#4.Documentary Credits are more expensive than Documentary Collectionst.

It is important to note that both Documentary Credits and Documentary Collections can be used for either Documents Against Payment (D/P) or Documents Against Acceptance (D/A).

What happens bills for collections are not paid?

This depends on whether documents have been released to the buyer on a D/P basis or a D/A basis.

Unaccepted sight bills for collection

If the documents have not been released to the buyer, it means that goods are somewhere in the international supply chain. The goods could be on the high seas or they could have reached their destination and started incurring demurrages. The seller’s first priority is to secure the goods. This can be achieved by re-routing the shipment to another buyer or appointing an agent to help them sell off the goods.

Through Remitting bank, the seller will work with the Collecting bank to ensure physical goods are secured to minimize any losses.

Unpaid bills D/A bills for collection

At maturity, the expectation is that seller will be receiving payment because the buyer took the goods and has either sold or used them for manufacturing. What happens when payment is not received?

The drawer will need to institute legal action to recover the funds from the drawee in his(drawee’s) country. It is a legal requirement to protest for nonpayment of a Bill of Exchange through a Public notary. This is to protect the drawer’s(seller’s) legal right to sue for payment in case of non-payment by the drawee.

If no payment is received then legal action will be instituted by hiring a lawyer. The strongest evidence, in this case, will be accepted bills of exchange. Bills of Exchange Act in most Commonwealth Countries recognizes accepted bills as proof of debt and trade. We shall discuss bills of exchange separately.

Now let’s finish by going through this snapshot of Uniform Rules for Collection(URC 522)

Snapshot of Uniform Rules for Collection(URC 522)

#Article 1: Application of URC522

URC 522 applies to all collections

#Article 2: Definition of collections

Meaning of collections and documents

#Article 3: Parties to a collection

Principal , Drawee, Remitting bank & Collecting bank

#Article 4:Collection instructions

Collection instruction must indicate ”Collection” is subject to URC522. It details banks will and will not do and also all information that collection instructions should have.

#Article 5: Presentation

The procedure of presentation of documents, the form in which documents are presented, directions to remitting bank on how to give effect to instructions of the principal.

#Article 6: Sight/Acceptance

Presentation of for payment or acceptance without delay.

#Article 7:Release commercial documents

Detailed procedure on how to release documents.

#Article 8: Creation of Documents

How Remitting the bank’s instructions on the creation of documents to the collecting bank or the drawer should be handled and resultant responsibilities.

#Article 9:Good faith and reasonable care

Bank will act in good faith and exercise reasonable care in handling collections.

#Article 10: Documents vs Goods, Services, Performance

Goods should be dispatched directly to bank without their authority. Banks need not take any actions on goods

#Artcle 11: Disclaimer for acts of an instructed party

Banks utilizing services of other banks do so at the risk of the Principal.

#Artcle 12: Disclaimer on documents received

Banks are limited to determine that documents received appear as listed in the collection instruction.

#Artcle 13: Disclaimer on the effectiveness of documents

Banks don’t take responsibility for the genuineness, accuracy, and effectiveness of documents.

#Artcle 14: Disclaimer on delays, loss in transit, and translation.

Banks do not take liability for risk of documents on transit.

#Artcle 15: Force majeure

Banks don’t risks in acts of God, riots and other causes beyond their control

#Artcle 16: Payment without delay

The collecting /presenting bank must transfer funds to the Remitting bank without delay upon receipt of the same from the drawee.

#Artcle 17: Payment in local currency

Where applicable local currency received from drawee must be released to remitting bank without delay.

#Artcle 18: Payment in foreign currency

Where applicable foreign currency received from drawee must be released to remitting bank without delay.

#Artcle 19: Partial payments

Clean collection: partial payment acceptable within the laws of drawee country

Documentary collection: only accepted if specified in the collection instructions from the remitting bank

#Artcle 20:Interest

Instruction to collect interest must be accompanied by details of applicable interest rates. Such instructions to collect interest may be ignored unless there is specific instructions not to waive the requirement.

#Artcle 21:Charges and expenses

When a collection instruction asks for charges to be collected from the drawer who subsequently refuses, the bank can still release the documents without collecting the charges. Eventually, all charges may be recovered from the principal.

#Artcle 22:Acceptance

Presenting bank is responsible to ensure that acceptance of a bill of exchange appears to be complete and correct.

#Artcle 23:Promisory notes and other instruments

Presenting bank is not responsible genuineness of any signature and the authority of any signatory to sign the promissory note.

#Artcle 24: Protest

The collection schedule must provide instruction regarding protest.

#Artcle 25 : Case-of-need

If the principal point appoints case-of-need in the event of non-payment or non-acceptance, he must indicate the powers of such case-of-need

#Artcle 26: Advice

Collecting bank must advice fate or documents and payment through the various events of the collection cycle.

Thank you reading. Hopefully you will be using documentary collection in the near future. Please leave a comment and make sure to subscribe.

2,605 thoughts on “Ultimate Guide to Documentary Collections: Number 1”

  1. Ronaldgisuh

    Get warning information here. Top 100 Searched Drugs.
    [url=https://stromectolst.com/#]buy ivermectin uk[/url]
    Prescription Drug Information, Interactions & Side. safe and effective drugs are available.

  2. Bitstarz is a trusted Bitcoin casino that’s received several awards since its launch in 2014.What kind of perks do I get for being a frequent customer (hint: check loyalty program)?The more there are, the better. https://www.flavindus.com/forum/welcome-to-the-forum/coquetel-de-frutas-bitcoin-cassino Coquetel de frutas bitcoin cassino However, once they are finished, you can use your winnings.As a new player, you are eligible to grab up to 6 BTC in welcome bonus money + $25 free chip at Punt, divided into 3 tiers.O que sao os cassinos de bitcoin?Voce precisara utilizar seus proprios pools ou carteiras para mineracao e usar um servico de exchanges de criptomoedas se quiser converter sua criptomoeda em BTC.Um programa VIP de tres niveis oferece aos usuarios muitos bonus.What is the Bovada Black Friday promotion?Jan 8, 2022 Jan 8, 2022.Mostrando uma linha de raciocinio diferente para o Ethereum, Novogratz expremiu que o ETH tem um caso de uso “muito diferente” e pode superar o ativo original.The price sank to $6 in the first week of August.

  3. Now a huge list of the most reliable bitcoin casinos UK permit making deposits via Eth.Alguns cassinos online operam exclusivamente com bitcoins, enquanto outros oferecem Bitcoin como uma alternativa a moeda tradicional.Bitmain Antminer S19 Pro Mayo de 2020 SHA-256 110Th/s 3250W 2. https://www.jameshughgough.com/forum/welcome-to-the-arts-forum/jogar-bitcoin-slots-e-ganhar Jogar bitcoin slots e ganhar Suporte de rolos para tubos ate O 12”, equipado com 4 discos cortantes; 2 guias laterais.A plataforma foi premiada como o Melhor Casino de 2017.Aqui ficam as ultimas novidades que a marca BMW apresentou no salao de Geneva.Due to the immutable nature of distributed ledgers, there is a record of all transactions that have been made.Fuente de la imagen, Getty Images.Voce pode colocar absolutamente qualquer valor de Bitcoin.O ideal e variar e, como na gestao de banca, sacar somente parte para si mesmo.The price of Bitcoin continued its slow but steady appreciation over the course of the year.Top 10 bitcoin cassino uk 777spinbitcoin slot.

  4. drug information and news for professionals and consumers. Read information now.
    [url=https://stromectolst.com/#]order stromectol[/url]
    Best and news about drug. Top 100 Searched Drugs.

  5. No Pin Up, existem ate transmissoes ao vivo de jogos de E-Sports, basta clicar em uma taxa especifica para transferir o evento para o ticket.Minimum cash outs amounts are minuscule, and there’s no additional fees or commissions to worry about.Netcoins’ software turns any device (computer, iPad, iPhone) into a Virtual Crypto ATM. https://www.psicologajacyarafarias.com/forum/forum-de-educacao/jogos-de-demonstracao-de-caca-niqueis-de-bitcoin-gratis Jogos de demonstração de caГ§a-nГ­queis de bitcoin grГЎtis The word “decentralized” is used quite often in the cryptocurrency space.Top 10 Slot Canyons in Utah.Tivemos uma resposta semelhante ao falar com outro agente que frequentemente desaparecia e nao nos respondia por varios minutos de cada vez, que quadruplicarao a aposta.In fact, January 2015 was the last time you could ever buy 1 BTC for $150.There is no “one” best Bitcoin casino because there are many, and what one person may like, the next may not.O bate-papo com o suporte esta no canto inferior direito da pagina.Of course, since most people don’t use bitcoin as a medium of exchange in their daily lives (at least not yet!King Billy oferece muitos jogos classicos de cassino, como jackpot, caca-niqueis, jogos de mesa e jogos apenas com bitcoin.Como os cassinos para brasileiros na internet oferecem diversos metodos de deposito, voce tera tudo que precisa para jogar com dinheiro real e, ainda por cima, ativar o bonus de boas-vindas.

  6. Caca-niqueis online ostentam varios rodilhos com varios modos que podem ser exercitados para obter ganhos.O software de um determinado cassino controla o jogo com o minimo de intervencao humana.Agree to the ToS and click the ‘Sign Up’ button. https://www.vipinsurancebrokers.com/forum/money-saving-forum/1xbet-online-casino-brazil 1xbet online casino Brazil Previsao do Bitcoin para Junho de 2025.No entanto, os bonus nao sao muito grandes.Fornecido com: – 1 veio de ligacao, – 1 conjunto de discos.Crypto casinos will likely need to accept coins like Cardano, Polkadot, and Ripple in the coming years to cater to the needs of all gamblers.Creating a budget and sticking to it is essential, as it’s another reminder to know when to stop playing.We would destroy each other.Here’s how it works: No deposit bonus : Verify your email to get 20 free spins on the house 1st deposit : 100% match deposit bonus of up to 1 BTC plus 180 extra spins 2nd deposit : 50% match up to 1 BTC 3rd deposit : 50% match up to 2 BTC 4th deposit : 100% match up to 1 BTC.But the most durable form of money would be distributed, digital information – like Bitcoin.Portanto, se voce esta querendo qualidade e eficiencia para a sua obra correr ainda melhor, pode contar com a Manuttech!

  7. safe and effective drugs are available. Actual trends of drug.
    [url=https://levaquin.science/#]where to get cheap levaquin without prescription[/url]
    Learn about the side effects, dosages, and interactions. safe and effective drugs are available.

  8. Crypto is in general very volatile compared to other forms of currency, or even stocks.The main reason that anyone logs into a gambling site is to win big and take home the jackpot.Elena is an expert in technical analysis and risk management in cryptocurrency market. https://www.powersharingrentals.com/forum/general-discussion/melhor-cassino-bitcoin-online Melhor cassino bitcoin online Um segundo deposito permitira que os investidores reivindiquem um bonus de 50% ate 1 BTC, e um terceiro deposito permitira que eles reivindiquem uma correspondencia de 100% ate 2 BTC.Um 2 “-6” Horario 10 (3 “Horario 40) Roll Set para aco.Se voce usou o Metodo 1 acima, voce pode simplesmente usar Binance para isso, e rapido e simples.Viu como e um passo a passo extremamente simples que garante ainda mais comodidade para sua obra?Alem disso, a extensao da alavancagem deve ser suficiente para lhe dar uma vantagem competitiva.Bem-vindo ao nosso site Cacaniqueisonline.After the fourth deposit, you can participate in “Take The Prize” for a share of $70,000, enjoy the 25% Monday Reload Bonus, or claim up to 100 free spins every Wednesday with the bonus code “WEDNESDAY.Slots, table games and jackpots work the same way as you’d expect.If you are a newly registered player, there is a chance to obtain some rewards from an operator for the first 3-4 deposits.

  9. Drug information. Everything information about medication.
    [url=https://mobic.store/#]can you buy mobic without prescription[/url]
    Read now. Best and news about drug.

  10. Este artigo nao e e nao deve ser visto como um incentivo ao jogo.A simplicidade do Bacara.As part of a generous welcome package, gamblers can receive a 110% deposit match bonus of up to 1BTC. https://www.theauthenticblogger.com/forum/wellness-forum/slots-de-bitcoin-online-novo-cliente Slots de bitcoin online novo cliente Jogar de forma segura: o segundo aspecto super importante na hora de fazer uma transacao com criptomoedas e saber escolher o cassino online correto.Voce pode colocar absolutamente qualquer valor de Bitcoin.Furthermore, all of your transactions will be secured by the Blockchain.Alem disso, estamos falando de um metodo de pagamento muito seguro.Buckskin Gulch (Wire Pass Trailhead) Location : Along the Utah/Arizona border, near Kanab.A maquina ranhuradora e utilizada para ranhurar tubos de combate ao incendio, fazendo com que a tubulacao saia pre montada, e em seguida seja feito o acoplamento entre 2 tubos, unidos por um anel de vedacao que em seguida e prensado por abracadeiras, que se encaixam nas cavidades dos tubos, que sao feitas pelas maquinas de ranhura.Whereas, Satoshi in the abstract of the whitepaper describes “A purely peer-to-peer version of electronic cash…” Additionally, in the introduction, emphasis is on supporting trustless internet commerce which must also be capable of supporting small casual transactions (micropayments).Feito todos os ajustes, basta ligar a maquina e iniciar o processo de ranhura.Como saber se um site brasileiro de cassino Bitcoin e de confianca?

  11. Some trends of drugs. Learn about the side effects, dosages, and interactions.
    [url=https://nexium.top/#]how to get cheap nexium price[/url]
    earch our drug database. Actual trends of drug.

  12. марал гель для мужчин отзывы детонатор гель отзывы средство для увеличения полового члена крем молот тора купить в аптеке гель титан голд http://www.heating-shop.ru/club/user/16207/blog/11889/ фараон гель для мужчин купить в красноармейске гель фараон купить в аптеке для мужчин детонатор гель для мужчин купить гель гигамакс реальные отзывы http://www.mycreativecakery.com/__media__/js/netsoltrademark.php?d=proglaza.ru/forum/baraholka/sredstvo-dlya-uvelicheniya-t21663.html средство по увеличению члена гель детонатор отзывы средство для увеличения члена детонатор гель отзывы

  13. Definitive journal of drugs and therapeutics. drug information and news for professionals and consumers.
    [url=https://mobic.store/#]can you buy mobic without a prescription[/url]
    Get information now. Read information now.

  14. гигамакс гель инструкция по применению отзывы гель фараон реальные средство для увеличения полового члена крем молот тора купить в аптеке гель гигамакс отзывы https://richstone.by/forum/messages/forum6/message2282/1244-_-_-_-_?result=new#message2282 купить гель фараон для мужчин титан гель детонатор гель отзывы молот тора крем для увеличения http://tsushima.su/links.php?go=http://mdr7.ru/viewtopic.php?f=6&t=5245 титан гель оригинал гель детонатор купить отзывы гель фараон реальные фото титан гель

  15. торт марал гель рецепт с фото марал гель купить средство для увеличение члена средство для увеличение члена заказ титан гель http://www.knowed.ru/index.php?name=forum&op=view&id=30720 народные средства для увеличения полового члена марал артро гель инструкция по применению детонатор гель отзывы реальных покупателей отзывы крем молот тора http://igrotrade.com/bitrix/redirect.php?goto=http://fordclub.org/content/rasputin-gel-dlya-uvelicheniya сколько стоит детонатор гель фараон гель отзывы реальные для мужчин гель фараон для мужчин отзывы характеристика титан гель

  16. все о креме молот тора крем капли молот тора лучшие средства для увеличения члена все о креме молот тора марал гель цена в аптеке для мужчин https://itproduce.ru/club/user/238/blog/2189/ молот тора крем инструкция купить фараон гель для мужчин детонатор массажный гель гель марал реальные отзывы http://kcci.info/__media__/js/netsoltrademark.php?d=takzdorovo.ru/club/user/457169/blog/73535/ марал гель цена отзывы для мужчин отзывы молот тора крем купить детонатор гель фараон гель для мужчин купить

  17. гель гигамакс купить в аптеке крем молот тора купить средство для увеличения полового члена заказать титан гель купить детонатор гель https://forumkoldovstva.listbb.ru/viewtopic.php?f=5&t=6315 где можно купить гель детонаторС5 фараон для мужчин реальные отзывы гель отзывы о детонатор гель реальные как пользоваться марал гель http://medok.ru/bitrix/redirect.php?goto=http://nupedia.ru/viewtopic.php?id=10738 титан гель цена гигамакс гель отзывы марал гель для мужчин отзывы крем молот тор

  18. гель фараон цена купить в аптеке для мужчин гигамакс гель инструкция по применению народные средства увеличение члена купить марал гель титан гель мазь http://freereklama.borda.ru/?1-0-0-00007059-000-0-0-1673887171 купить крем молот тора заказать титан гель крем молот тора купить самое эффективное средство для увеличения члена http://potjebier.nl/click_link.asp?link=http://forum.computest.ru/post/324534/ купить фараон гель для мужчин в аптеке цена фараон гель отзывы гель марал купить купить титан гель

  19. средство для увеличения члена народное средство детонатор гель отзывы реальных покупателей средства для увеличения члена народные средства видео титан гель фараон гель для мужчин купить http://lyceum38.kiev.ua/forum/messages/forum1/topic9179/message13994/?result=new#message13994 состав титан гель крем молот торе титан гель результаты новые средства для увеличения члена http://inspirationarts.com/__media__/js/netsoltrademark.php?d=mutons.ru/club/user/4475/blog/1224/ крем молота тора применение титан гель гель титан видео гель гигамакс официальный сайт

  20. титан крем гель крем гель детонатор отзывы лучшие средства для увеличения члена молот тора купить крем средство по увеличению члена http://www.figarohair.ru/conf/viewtopic.php?f=11&t=9780&p=22474&sid=644814c7a1f94de5f8d7b3e3ec2910d0 инструкция крем молот тора марал гель артро гель для увеличения мужского достоинства фараон результаты титан гель http://mo-babino.ru/bitrix/redirect.php?goto=http://forum.micmedia.ru/viewtopic.php?f=28&t=6143 как купить крем молот тора купить марал гель титан гель инструкция гель фараон для мужчин отзывы

  21. отзывы средства для увеличения члена фараон гель для мужчин в красноармейске лучшее средство для увеличения члена детонатор гель марал гель купить http://gorod.kr.ua/forum/showthread.php?p=226848 отзывы марал гель для мужчин самое эффективное средство для увеличения члена увеличение члена средство гель фараон купить в аптеке для мужчин http://forum.questionablequesting.com/proxy.php?link=http://turizmbrk.ru/forum/index.php?showtopic=8434 гель титан инструкция марал гель отзывы гель фараон реальные гель гигамакс официальный сайт

  22. марал артро гель инструкция по применению фараон для мужчин реальные отзывы гель средство для увеличения полового члена лучшее средство для увеличения члена гигамакс гель инструкция по применению https://biocenter.pro/club/user/161505/blog/131061/ купить гель фараон для мужчин титан крем гель детонатор гель отзывы для мужчин детонатор гель рф http://reinsurelife.biz/__media__/js/netsoltrademark.php?d=31pokupki.rx22.ru/viewtopic.php?f=47&t=17412 массажный гель детонатор видео гель титан марал гель для мужчин отзывы гель детонатор разоблачение

  23. гель марал отзывы гель марал купить народные средства для увеличения полового члена средства для увеличения члена народные средства детонатор гель цена https://salda.ws/f/topic.php?f=5&t=46581 гель детонатор развод или правда титан гель заказать молот тора крем для увеличения детонатор отзывы о геле http://www.jschell.de/link.php?url=portal.krasno.ru/viewtopic.php?f=28&t=53815 гель титан купить гель титан отзывы крем молот тора купить гель детонатор отзывы

  24. гель детонатор отзывы реальных покупателей заказать средство для увеличения члена лучшие средства для увеличения члена средство увеличение члена марал гель для мужчин цена в аптеке http://drahthaar-forum.ru/viewtopic.php?f=30&t=5700 средство увеличения члена молот тора отзывы реальные крем средства для увеличение члена молот тора крем купить в аптеке http://raydchem.com/__media__/js/netsoltrademark.php?d=31pokupki.rx22.ru/viewtopic.php?f=47&t=17412 гель детонатор купить купить крем молот тора в аптеке характеристика титан гель титан гель применение

  25. гель детонатор купить титан гель средство для увеличения полового члена средства для увеличения члена увеличения члена народные средства https://sovetushka.forum2x2.ru/t20250-topic гигамакс гель официальный сайт производителя молот тора крема детонатор гель купить в аптеке купить гель фараон для мужчин http://missmaudie.com/__media__/js/netsoltrademark.php?d=mamalipetsk.ru/index.php?name=forums&op=showtopic&id=20223 купить марал гель артро марал гель для мужчин отзывы отзывы марал гель молот тора отзывы крем

  26. гель гигамакс для мужчин гель гигамакс официальный сайт лучшие средства для увеличения члена узбекистан титан гель гель для мужчин детонатор http://raussga.flybb.ru/viewtopic.php?f=12&t=442 увеличение члена народными средствами гель детонатор сколько стоит средство для увеличения полового члена детонатор гель для мужчин реальные http://9dw.old.top.love.muhom.org/ru/external-redirect?link=http://molbiol.ru/forums/index.php?showtopic=718896 марал гель марал гель для мужчин отзывы детонатор крем гель реальные отзывы детонатор гель купить в аптеке

  27. гель титан цена отзывы молот тора крем средство для увеличения полового члена купить молот тора крем средства для увеличения члена народные средства https://oih.at.ua/blog/2023-02-01-13 что такое крем молот тора увеличения члена народными средствами гель марал для мужчин гель марал инструкция по применению http://www.ra-aks.de/url?q=http://profbuh.forumkz.ru/viewtopic.php?id=3208 гель гигамакс купить гигамакс гель официальный сайт детонатор гель цена гель марал инструкция по применению

  28. народное средство для увеличения полового члена детонатор гель средство для увеличение члена марал артро гель гель марал отзывы http://lida-best.com/index.php?module=forums&show=showtopic&toid=24179&fid=18 средства увеличения члена детонатор массажный гель аптека гель титан инструкция титан гель http://transitservice.by/bitrix/click.php?goto=http://supermoneyforum.frmbb.ru/viewtopic.php?id=24343 капли крем молот тора фото титан гель отзывы гель фараон реальные гель фараон для мужчин отзывы

  29. can i purchase avodart tablets where can i get avodart without insurance or buying cheap avodart
    http://adultcyberland.org/__media__/js/netsoltrademark.php?d=avodart.science where can i get generic avodart no prescription
    [url=http://yzb.miamidadeparents.com/__media__/js/netsoltrademark.php?d=avodart.science]can i buy cheap avodart for sale[/url] can you buy cheap avodart online and [url=http://bbs.yongrenqianyou.com/home.php?mod=space&uid=3847214&do=profile]how can i get generic avodart without prescription[/url] cost generic avodart now

  30. гель фараон для мужчин купить средства для увеличения полового члена лучшие средства для увеличения члена купить детонатор гель гель марал инструкция по применению https://telegra.ph/Sredstvo-dlya-uluchsheniya-potencii-01-31 крем гель детонатор отзывы детонатор гель официальный сайт рф гель на основе пантов марала для суставов средства для увеличения члена http://cannacountry.org/__media__/js/netsoltrademark.php?d=kharkov-balka.com/showthread.php?p=136166 отзывы марал гель для мужчин гель фараон отзывы для мужчин купить молот тора крем в аптеке купить крем молот тора

  31. народные средства увеличение члена детонатор гель для мужчин отзывы народные средства для увеличения полового члена молот тора крем для мужчин гель титан http://www.heating-shop.ru/club/user/16207/blog/11889/ фараон гель реальные отзывы марал гель для мужчин реальные отзывы марал гель для мужчин отзывы реальные природные средства для увеличения члена http://giftweasels.com/__media__/js/netsoltrademark.php?d=bisound.com/forum/showthread.php?p=512721 средства для увеличения члена народные средства увеличение члена народное средство детонатор гель цена средство для увеличения члена

  32. титан гель секс лучшее средство для увеличения члена лучшее средство для увеличения члена молот тора капли крем купить средство для увеличения члена https://46volsh3bstv0.ru/veschi-na-kotorye-muzhchiny-obraschayut-vnimanie-vo-vremya-seksa-v-pervuyu-ochered-6/ для увеличения члена народное средство средства для увеличения члена гель марал детонатор гель для мужчин купить http://www.pentaxgallery.com/__media__/js/netsoltrademark.php?d=forumlviv.at.ua/forum/52-5194-1 фото титан гель гигамакс гель купить в аптеке апрель увеличение члена народным средством средство для увеличение члена

  33. [url=https://www.onioni4.ru/content/darknet_tor]Список сайтов Даркнета[/url] – Проверенные сайты Даркнета, Список Tor сайтов

  34. [url=https://www.onioni4.ru/content/darknet_tor]Список сайтов Даркнета[/url] – Список Tor сайтов, Народный путеводитель Даркнета

  35. фараон гель отзывы гель крем титан средство для увеличение члена результаты титан гель где можно купить гель детонаторС5 https://intergasservice.ru/forum/messages/forum1/topic104/message403/?result=new#message403 крем молот тора реальные отзывы гель титан результаты гель фараон для мужчин отзывы реальные гель гигамакс купить цена http://altaimedtech.ru/bitrix/rk.php?goto=http://ternopilcars.pp.net.ua/forum/13-3697-1 гель детонатор отзывы покупателей реальные состав титан гель молот тора крем купить крем для мужчин молот тора

  36. молот тора крем реальные отзывы средство для увеличения полового члена народные средства для увеличения полового члена народные средства для увеличения члена гель титан инструкция https://ukraineforum.com.ua/index.php?threads/%D0%9F%D1%80%D0%B5%D0%BF%D0%B0%D1%80%D0%B0%D1%82-%D0%B4%D0%BB%D1%8F-%D0%BF%D0%BE%D0%B4%D0%BD%D1%8F%D1%82%D0%B8%D1%8F-%D0%BF%D0%BE%D1%82%D0%B5%D0%BD%D1%86%D0%B8%D0%B8.16870/ купить гигамакс гель гель фараон реальные отзывы для мужчин купить молот тора крем крем молот тора купить http://quintetstrategies.com/__media__/js/netsoltrademark.php?d=forum.nedug.ru/entries/31948-%D1%F0%E5%E4%F1%F2%E2%EE-%E4%EB%FF-%ED%EE%F0%EC%E0%EB%E8%E7%E0%F6%E8%E8-%EF%EE%F2%E5%ED%F6%E8%E8 титан гель фото молот тора крем капли молот тора купить крем эффективное средство для увеличения члена

  37. PeterWefly

    how can i get cheap levaquin without insurance where buy levaquin pill or can i purchase cheap levaquin
    http://consumerattorney.org/__media__/js/netsoltrademark.php?d=levaquin.science where to get levaquin without rx
    [url=http://sanford-cadillac.org/__media__/js/netsoltrademark.php?d=levaquin.science]how can i get cheap levaquin price[/url] order generic levaquin no prescription and [url=http://blogs.zfkjgw.com/home.php?mod=space&uid=117772]where to get cheap levaquin online[/url] order levaquin without rx

  38. гель марал отзывы инструкция крем молот тора средства для увеличения члена народные средства гигамакс гель реальные отзывы гель марал для мужчин реальные отзывы https://www.informetr.ru/forum/viewtopic.php?id=851989 увеличения члена народные средства молот тора крем инструкция титан гель крем отзывы марал гель для мужчин реальные http://medscipr.com/__media__/js/netsoltrademark.php?d=figarohair.ru/conf/viewtopic.php?f=3&t=9843&sid=5db663e7b11deb2f74240e642142c9ef народное средство для увеличения члена молот тора крем капли эффективное средство для увеличения члена титан мазь гель

  39. гигамакс гель купить в аптеке гель гигамакс реальные отзывы лучшие средства для увеличения члена состав титан гель детонатор гель купить в аптеке http://www.mamalipetsk.ru/index.php?name=forums&op=showtopic&id=20223 молот тора крем отзывы реальные гель гигамакс реальные отзывы оригинал титан гель гель артро марал http://www.miamidragonboat.com/__media__/js/netsoltrademark.php?d=alkar.rx22.ru/viewtopic.php?f=13&t=9177 крем молот тора купить в москве марал гель реальные отзывы средство увеличения члена гель марал отзывы для мужчин

  40. крем гель титан молот тора крем для увеличения средства для увеличения члена народные средства гель фараон отзывы для мужчин средства увеличение члена http://art-gymnastics.ru/users/989 крем гель титан гель для увеличения мужского достоинства фараон отзывы гигамакс гель характеристика титан гель http://pechi-tula.ru/bitrix/redirect.php?goto=http://tamboff.ru/forum/viewtopic.php?p=7652752 массажный гель детонатор детонатор гель отзывы для мужчин молот тора отзывы реальные крем отзывы крем молот тора

  41. увеличения члена народные средства купить фараон гель для мужчин народные средства для увеличения полового члена что такое крем молот тора гель гигамакс для мужчин https://everytips.ru/chto-delat-esli-ne-ustraivaet-razmer-u-muzha-effektivnoe-sredstvo-za-kopeyki/ гигамакс гель цена купить крем молот тора марал гель как пользоваться отзывы о гель детонатор реальные http://social.petweb.ru/bitrix/redirect.php?goto=http://forum.procapitalist.ru/showthread.php?p=46074 увеличение члена народные средства гель детонатор отзывы реальных покупателей гель титан цена гель марал для мужчин цена в аптеке

Leave a Comment

Your email address will not be published. Required fields are marked *