We can facilitate Import financing through Letters of Credit, which are well accepted globally by all banks and are supported by a strong trade finance set-up.
We offer customized solutions to suit your requirement for short term finance, from the date of sale to the date of receipt of payment there on.
If you need any bank guarantees for government agencies like Customs, Excise or for Insurance Companies, Shipping Companies, all Capital Market Agencies such as NSE, BSE, ASE, CSE etc. we can facilitate the same with our partner banks. We can also facilitate oversees guarantees for participation in global tenders etc.
Pre-shipment Credit can be facilitated for exporters by way of packing credit to finance purchase/import of raw materials, processing and packing of the goods meant for exports.
Post-shipment Credit can be facilitated for an exporter to finance export sales receivables after the date of shipment of goods till the date of realization of export proceeds. We offer our clients a choice of the following services:
- Negotiation / Payment / Acceptance of export documents under letter of credit.
- Purchase / discount of export documents under confirmed orders / export contracts etc.
- Advances against export bills sent on collection basis.
- Advances against exports on consignment basis.
- Advances against undrawn balance on exports.
- Advances against approved deemed exports.