Banking innovations that help your business growarrow2

Letters of credit

It is a written undertaking by a bank, at the request of a buyer in favor of a seller, to pay against bills of exchange, drafts or documents that comply with defined terms and conditions of payment.

Pricing

Spot rate on maturity date

Target Clients

Importers

Tenor

Open /as determined per LC Contracts

Benefits

  • Guarantees settlement of forex to supplier on due date
  • Protects customer from unscrupulous suppliers

  • Executive loan

    Executive loan

  • Asset financing

    Asset financing

  • Prime investors a/c

    Prime investors a/c

  • International trade

    International trade

  • Cash covered loan

    Cash covered loan

  • Foreign currency swaps

    Foreign currency swaps

  • Financial planning

    Financial planning

  • Careers

    Careers