Features
- Import Financing is a conditional undertaking by the Confirming bank to the exporter to pay/accept bills drawn under the irrevocable confirmed Letter of Credit
Benefits
- Customers are assured that imported goods are as per specifications
- It facilitates the trading of goods to our customer as he can access the goods before he actually makes payments
Eligibility
- Customer creditworthiness will be analyzed under the same criterion and consideration discussed under Corporate Overdraft taking into consideration the nature of this particular transaction.
