Export Services allow you to manage your cash flow more efficiently

Our comprehensive and worldwide correspondent banking network provides you with a reliable and professional outward bills service.

Features

· L/C Advising

· L/C Negotiation

· Packing loan

This is a pre-shipment short-term financing that will be offered by the bank to an exporter who has received a letter of credit. The loan is restricted for the use of procurement, production and shipment of goods.

· Forfeiting

This is a way of discounting to exporter against documents accepted by the importer’s banks under letter of credit.

· Outward Bills Collection

· Finance for outward bills collection

This is a method of trade finance for an exporter who only receives settlement payment by collection. The Bank advances payment to the exporter and in return is entrusted by the exporter with the outward collection. The exporter repays the loan when payment is collected from the importer’s bank.

· Export Invoice Financing

This is a method through which an exporter, after satisfying their delivery obligation under the contract submits their export invoices and shipping documents to us. Our bank makes cash advance against the receivables. The exporter repays the loan when payment is received from the importer’s bank.