Mode of Transaction |
Direct Buying |
NEFT/RTGS/IMPS (Payment platforms) |
Bills Under LC |
Advance Payment |
NEFT/RTGS/IMPS (Payment platforms) |
Usance/Sight bill for collection |
NEFT/RTGS/IMPS (payment platforms), Inward bill lodgement |
Usance/Sight bill for collection Under LC |
NEFT/RTGS/IMPS (payment platforms), LC issuance |
Funding Requirement |
Requires regular & constant credit lines or sometime to manage business cycle |
OD/CC |
Term loan (for capital investment), BG limit |
Travel Solution |
Travel abroad for personal or official purpose Or Employee need to travel abroad for offical purpose |
Travel card, Cash purchase & sell, Travellers cheque |
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Technological Platform |
Ease of applying trade products via online platform |
Trade Online |
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