Secure trade finance depends on verifiable and secure tracking of physical risks and events in the chain between the parties involved. As trade transactions become more flexible and increase in volume, demand for these technologies has grown. We advise you the ways in which banks can address these issues with appropriate product offerings. We advise you on the following products and services under trade finance branches.

It is an undertaking/promise given by a Bank/Financial Institute on behalf of the Buyer/Importer to the Seller/Exporter, that, if the Seller/Exporter presents the complying documents to the Buyer’s designated Bank/Financial Institute as specified by the Buyer/Importer in the Purchase Agreement then the Buyer’s Bank/Financial Institute will make payment to the Seller/Exporter.

It is an undertaking/promise given by a Bank on behalf of the Applicant and in favor of the Beneficiary. Whereas, the Bank has agreed and undertakes that, if the Applicant failed to fulfill his obligations either Financial or Performance as per the Agreement made between the Applicant and the Beneficiary, then the Guarantor Bank on behalf of the Applicant will make payment of the guarantee amount to the Beneficiary upon receipt of a demand or claim from the Beneficiary.

It is a major trade service offered by the Banks. The Seller’s Bank collects the payment proceeds on behalf of the Seller, from the Buyer or Buyer’s Bank, for the goods sold by the Seller to the Buyer as per the agreement made between the Seller and the Buyer.

We are associated with reputed RBI approved Non-banking Finance Companies and private sector banks for factoring services which are duly approved by the RBI. Factoring is gaining popularity as a means of financing as compared to traditional working capital finance through banks. Access to funds is quicker as well as cheaper, and does not require any security whatsoever. The funds are in addition to the existing bank limits.