Export Bill Negotiation
Export Bill Negotiation
With ICICI Banks Export Bill Negotiation facility, you can obtain short-term finance for your business, easily and in a hassle-free manner. Receive payment as soon as your goods have been shipped simply on the basis of your trade transaction documents. ICICI Banks Export Bill Negotiation is ideal for your business if you do not have regular capital limits with the bank.
The ICICI Bank Edge
The ICICI Bank Edge
- Competitively priced
- Quick turnaround time
- Negotiation under LC, much simpler than availing regular working capital limits from a bank
- Maximum tenor of 180 days
Key Facilities
- Purchase of your Sight Bill of Exchange and discounting of your Usance Bill of Exchange
- Negotiation of your export bills drawn under Letter of Credit, subject to the documents being strictly in accordance with LC conditions
- In case of discrepancies in documents, we can negotiate under reserve by sending the documents to the LC issuing bank for approval and payment
- Arranging forfaiting of your export bills drawn under LC at very competitive rates, without recourse to you
Solutions for every need
