|
Export Bill Discounting finances receivables when exports are made with or without a Letters of Credit.
Amount : Depends on the bill amount. The bank may retain a margin at its discretion.
Rates: Variable Interest Rates based on BBK Base Rate. Other indexes will be used in case of payments made in other currencies
Tenor: Maximum 180 days
Terms & Conditions: Can Vary. Please refer to a detailed list or the Relationship Manager.
|