Trade Solution for Importers
Category | Scenario | Primary Product | Additional Product |
---|---|---|---|
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 |