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| Export LC |
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To facilitate the needs and requirements of our exporters, our team at Trade Operations - Export is committed for delivering unparalleled processing and advisory services. We at Nabil are committed to help realize your export proceeds at the earliest possible through our correspondent banks.
Nabil offers various products to finance your trade, be it import or export. For the exporters, the products available are Pre-Shipment Loan, Post-Shipment Loan, Documentary Negotiation and Documentary Purchase.
Important aspects to check when you receive a letter of credit:
- Payment terms (sight, usance or else)
- Availability (whether the LC is restricted with any particular bank)
- Acceptability of issuing bank (confirmation by a local bank may be asked for)
- Terms of shipment
- Terms and conditions of the DC and feasibility of their compliance (amendments may be sought for if any of the conditions are not practically possible to comply with)
- On whose account the bank charges are
Confirmation to a DC enhances security under the DC and mitigates any existing issuing bank and/or country risk since the same are taken over by the confirming bank.
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It's smart, It's easy,
It's trendy
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August 27, 2008
| | Paid-up Value NRs. | 100 | | Maximum NRs. | 5755.00 | | Minimum NRs. | 5590.00 | | Closing | NRs. | 5650.00 | | Differ* |  150.00 | | Shares | 1354 |
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Nabil Bank
Ltd. All Rights Reserved