Trade credit
Do you or your overseas supplier need to avail credit against your import transaction? We have just the right products for you.
Buyers’ Credit - We can address funding gaps in your trade cycle by arranging buyers’ credit for your import payments at very competitive LIBOR linked rates.
Suppliers’ Credit – We also arrange for suppliers’ credit against our L/Cs at the location of your exporter customers through our strong network of correspondents.
- DCB Bank issues letter of undertaking on your behalf against which a foreign lender extends buyer’s credit
- You get an extended credit period for making the payment
- Negotiate with your exporter on sight basis and get a better pricing. Thereafter avail buyer’s credit
- Avail such import financing for your L/C, collection or open account transactions
- Financing available at competitive LIBOR linked interest rates
- Our trade experts make complex documentation easy for you
- Faster processing of transactions
- Booking a forward contract for the loan repayment will protect you from foreign exchange rate fluctuations