| Mode of Transaction |
Advance Payment |
Outward Remittance |
Trade Alert-Swift/TT Advise send through auto trigger |
| Direct Import |
Outward Remittance |
| Bills for Collection |
Outward Remittance & Import Bill Lodgement. |
| Bill Collection under LC |
Outward Remittance, LC Issuance, Import bill lodgement |
| Funding Requirement |
Require Credit limit at times/on regular basis |
Buyers Credit, OD, CC |
Term loan (for capital investment), BG limit |
| Currency Fluctuation |
Requirement of currency risk hedging tool in order to protect the rate |
Forwards (low cost risk hedging solution) |
|
| Forwards & Option (options provide flexible hedging options, requires upfront premium to be paid) |
| Technological Platform |
Ease of applying trade products via online platform |
Trade Online & FX Online |
|
| FX Online |
|
