General Features
The FBEP(AP)/DBEP(AP) is a facility where the Bank provides financing to the customer (Exporter/Seller) by negotiating/purchasing/discounting export/sales documents presented with or without bills of exchange (sight / usance) drawn by the customer under an LC in compliance with its terms and conditions.
Documents presented under documentary credits are subject to Uniform Customs and Practices for Documentary Credits, International Chamber of Commerce Publication currently in force.
Efficient Working Capital management
- Advances granted will greatly ease your cash flow.
- Simple and clear cut financing requirements.
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FBEP (AP)
Foreign Currency ECOF + Customer's Spread
DBEP(AP)
BLR + Customer's Spread
Collection Commission at 0.10% on bill amount, subject to a maximum and minimum rate as prescribed by the bank.
Please refer here for details on trade fees and charges.
