Trade Finance
Import LC Issuance & Financing:
Enhance your purchasing power and negotiate better prices with your suppliers by giving them assurance of timely payment through Letters of Credit. You can issue LCs against 100% cash margin or approved limits. To apply for LC issuance, simply submit an application through our Business Hubs with dedicated trade specialists. They will handle all LC requests, including amendments, and facilitate the issuance of eForm 4 upon document presentation.
Import Documentary Collection Handling (IDC):
Ensure that payment for your imports is not made until all the necessary documentation is in order. Once the documents are received at our Business Hubs, we will promptly notify you and request payment or acceptance of the draft. You can also approach our business Hubs to arrange for the handling of your IDC transactions and issuance of eForm 4.
Import Collection Avalization & Financing:
To accommodate your supplier requests, we can add our avalization and undertaking to pay against 100% cash margin or approved limits. We can also offer financing against IDCs to support your working capital needs.
LG Issuance:
Expand your business and engage in new projects while negotiating better contract terms with your suppliers and buyers by issuing different types of guarantees. You can submit an application for LG issuance through our Business Hubs with dedicated trade specialists. Our team will guide you through the process and assist you every step of the way.
Export LC Advising & Confirmation:
Expand your sales to overseas markets by utilizing Export Letters of Credit advised through us. Gain peace of mind knowing that we also confirm LCs from your buyers. Simply request Export LC confirmation and document presentation through our Business Hubs, where our dedicated trade specialists are ready to assist you.
Export LC Discounting:
Improve cash flow and liquidity by discounting the proceeds under Export LCs. Request discounting for your Export LCs, which are available with us through our Business Hubs with dedicated trade specialists. Once we receive acceptance from the Issuing Bank, we will credit the proceeds to your account promptly.
Export Documentary Collection Handling:
Safeguard yourself against trade risks by utilizing documentary collection, which allows you to retain control over the goods until you receive payment or acceptance of the draft. Forward the relevant documents and instructions to our Business Hubs, where our dedicated trade specialists will ensure their proper handling. The documents will be sent to your buyer's bank and will only be released upon payment or acceptance.
Export Collection Discounting:
We offer the facility to discount export bills that are avalized by your importer's bank. To avail this service, simply request discounting for your Export Collection transactions through our Business Hubs with dedicated trade specialists. Once the avalized draft is discounted, we will credit the proceeds to your account promptly.