About Export Credit-Pre-Shipment And Post Shipment Credit - AU Small Finance Bank
AU Bank

Import & Export Bills
LC and collection bills in multiple currencies

Apply For Import & Export Bills
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About Import & Export Bills under Collection & Letter of Credit

    Import Bill Collections & Letter of Credit
    Documentary Collections & Negotiation are a common and flexible mode of payment for goods purchased from domestic or overseas suppliers. It involves handling of documents by bank in accordance with the collection & Negotiation instruction received from remitting bank
    Export Bill under Collection & Letter of Credit
    Export bill collection & Negotiation means sending of export bills to overseas bank/buyer through his bank to collect payment under export bills and under Letter of Credit.


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Features

  • Handle Letter of Credit and collection bills in multiple currencies
  • Receive transaction alerts on document arrival
  • Improve your payment promptness, with a complete view of all your collection bills under Letter of Credit, across currencies, beneficiaries and maturities through AU Bank


Fees and Charges

  • Competitive commission fee
  • Competitive margins
  • Transparency in other charges


Benefits

  • Experience faster receivable turnaround
  • Experienced enhanced control over export receivables
  • Avail financing on better terms, as compared to regular working capital limits
  • Enjoy this at competitive rates in Indian and multiple foreign currencies


List of Documents

  • As required by the partner bank


Empowering Customers