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Non Fund Based Products Facilities:
We also offer non fund based facilities
to our clients, such as:
- Letter of Credit:
We offer import
as well as domestic Letter of Credit facility
to our clients for procurement of goods
on DA/DP basis as per their needs at very
competitive rates. Considering our international
network of branches/offices coupled with
worldwide correspondent relationship arrangements,
our clients enjoy market acceptability
and comfort in business deals.
- 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.
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