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| Letters
of Credit :
Importing or Exporting from / to a third country?
Want to be assured of the risk?
Be Assured.
We have a full-fledged trade finance set-up catering
to all your trade related requirements and extend Import
financing and Export Financing through Letters of Credit
accepted globally.
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Accepted globally |
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Various types of letters of credit opened - Revolving,
Back-to-
Back, Confirmed |
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Discounting of documents |
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Flexible Credit Facilities |
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Competitive Commissions |
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Tariffs
/ Commissions |
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an Application Form |
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Terms
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Forward Contracts
:
Letter of Credit exposure may incur you a loss due to
adverse foreign exchange rate fluctuations and market
uncertainties which can lead to your imports costing
you more.
Book you foreign currency in advance under forward contract
arrangement up to the value of letter of credit to cover
your position at very competitive rates.
Get in touch with your Relationship
Manager » for attractive premium rates
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Bank Guarantees
:
Do your commitments require assurances from a bank?
Or do your performances need guarantee?
We support you through various types of guarantees -
bid, performance, financial, advance payment, maintenance
and retention.
We not only issue Guarantees acceptable to local parties,
but our overseas correspondent bank alliances also enable
us to issue guarantees overseas for participation in
global tenders.
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Tariffs
/ Commissions |
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Cash Management
:
If your line of business makes you receive lots of Local
or Outstation drafts / cheques / Travelers Cheques or
any other monetary instruments, our Collection Services
will expedite the process of you getting the money at
the earliest
Should you need money upfront at the time of depositing
the instrument, we also provide you the facility of
Bills Purchase and Discounting. *
| Local bills
collection |
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Our correspondent banking arrangements
with local
banks will help get your cheques collected in
a timely manner. |
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| International
bills collection |
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Our correspondent banking arrangements worldwide
and our ability to handle large volume collection
allows us to offer you world-class facilities in
handling your collection as regards to imports,
exports, bills under L/C and so on. |
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* credit criteria and conditions
apply |
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- - - - - Clearing
:
In addition to Normal Clearing Operations where funds
are available in the second working day*, we also carry
out Special Clearings for large amounts.**
Kathmandu
Clearing House Members List *
subject to realization
** conditions apply |
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