Trade finance require banks to address the various challenges involved in each of the trade finance lifecycle stages efficiently and simultaneously complying with pertinent regulatory processing standards.
IndusInd Trade Finance Solutions aim to ensure optimisation of receivables and payables while bringing predictability in the cash flows through faster and smoother transfer of funds and documents.
As an importer, you can avail of Buyers Credit facility at very competitive rates. You can make the import payment to your overseas supplier by availing the buyer’s credit and you can then repay the lender at a later date. The funding * is arranged from our corresponding bank network and you can avail of this product in major currencies.
Availing of buyers’ credit would be subject to compliance with the bank’s internal process and policy requirements.
LC backed bill discounting*
We can discount LC backed usance bills at competitive rates on acceptance from the L/C issuing or confirming bank.
*Subject to internal bank guidelines and regulatory compliance.