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Back to Back L/C (Sight/Usance)

Back-to-Back L/C facility enables eligible exporters to procure raw materials, accessories or other inputs required for execution of export orders against an underlying export L/C or export contract. The facility may be structured on Sight or Usance terms, subject to applicable regulations.

As per prevailing Foreign Exchange regulations, Bank's Schedule of Charges and applicable terms.

Eligible export-oriented customers having valid export orders/L/Cs and satisfactory transaction and credit standing.

Master Export L/C /Contract, Back-to-Back L/C application, Proforma Invoice/Indent, IRC/ERC where applicable, export-related documents and other documents required by the Bank.

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