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Import-Export Finance
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Introduction
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Benefits
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Features
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Eligibility
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Interest Rates & Charges
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Terms & Conditions
- BOB, IBU in providing Trade & Forex Services which include an array of products for both - Importers and Exporters.
- We facilitate trade and finance services through specialised Trade Desk equipped with speedy document handling and efficient systems.
- The import services include Issuance of Documentary Credits (LC), Import Bill Collection Services, Bank Guarantees, SBLC, Pre – Shipment Credit in form of Import Loan for advance payment & Import Loan for purchase of goods.
- The export services include Export Bill Collection Services, Post- Shipment Credit like Bill Discounting & Negotiation, Export LC Advising and Export LC confirmation.
- Structured Line of Credit facility as per the client business model.
- Leveraging Banks Global Presence
- Specialised Trade Desk to cater to clients requirements
- Settlement of Transaction any freely traded currencies mainly USD, EURO & GBP
- Simplified process flow
- Transaction through secure network
- All Foreign Corporate having minimum credit rating of Investment Grade,
Interest rate is not uniform and depends on the following factors:
- Tenor of the facility
- currency of the loan
- External / Internal credit rating of the borrower
- Security coverage.
- T&C will be as per the nature of transaction governing UCPDC, URDG & other International Standard market practices.
