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TRADE FINANCE


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Foreign Exchange Services

Foreign exchange is one of our key strengths as our banking partners have direct presence in more than 100 countries.

  • We can help you avail Foreign Currency products like Foreign Currency Cash & Travellers Cheques, Foreign Currency Cheque Collection, Foreign Currency Draft etc.
  • You can facilitate faster Inward & Outward Remittances due to our Global presence.
  • Multi-Currency EEFC account: This facility (available in USD, GBP, EURO, AUD, SGD, YEN, CHF & CAD) allows companies to deposit foreign currency and retain it as FCY without having to convert into INR.
  • You can also hedge your business payments/receivables against volatile currency movements through forwards and options
  • Moreover, you will have access to our Expert Currency Views from the banks in-house research teams

Trade Services & Trade Finance

With Commercial Bank products, you can enjoy the benefits of large corporate, by having access to a wide range of trade services. These trade services are designed to assist your business in seizing newer business opportunities across the globe,

Import Services

We offer import as well as domestic Letter of Credit facility to our clients for procurement of goods at very competitive rates. Considering our banks international network of branches/offices coupled with worldwide correspondent relationship arrangements, our clients enjoy market acceptability and comfort in business deals.

  • Import Letter Of Credit.
  • Import Payments Services.
  • Buyers Credit financing for raw material purchase at LIBOR denominated rates.
  • Bank Guarantees: You can now have BGs issued through us with 100% cash collateral or against an existing line with us.

Export Services

  • Export Bill Collection Services
  • Facilities like Pre and Post-shipment credit at LIBOR denominated rates for cost-effective finance Export Bills Negotiation (Post Shipment Finance)
  • Export Bill Purchasing and Discounting (Post shipment Finance)
  • Export LC Advising

Bank Guarantee

We offer Bank Guarantee facility to our clients guaranteeing their performance / financial obligations in the domestic as well as international market.

LC Advising/Confirming Services

In case of Letters of Credit received by our clients, we offer LC advising as well as LC confirmation services under our correspondent relationships with domestic as well as international banks.

Co-acceptance facilities

Sometimes in business deals on credit basis, buyers are required to offer adequate comforts to the sellers such as bank guarantee or co-acceptance of bills by the bankers. We offer co-acceptance of bills facility to our top rated clients.
We will process your case and try to get your facility approved and disbursed at the earliest, however, time period also depends upon how earliest you provide us the required documents and complete the formalities from your end.

Normally it takes around 7 – 12 working days to complete risk checks, valuation, legal verification, due diligence, documentation and loan disbursement from the application date. There will be no hidden charges from us and we will assure our best services at every stage to materialize your project. For more information please call Chetan +91-96633 83550.

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