Union Bank Of India
Trade Finance for Exporters
Trade Finance for Importers
Correspondent Banking

 

    International Trade Finance

  • BANK FACILITIES TO IMPORTERS

FUND BASED FACILITIES 

  • Foreign Currency Loans for Import.


  • Facilitating External Commercial Borrowings and Short Term credit in Foreign Currency.


  • Rupee Loans for importers by way of Working Capital or Term Loan.

NON-FUND BASED FACILITIES AND OTHER SERVICES

  • Establishment of Import Letters of Credit favouring overseas suppliers.


  • Collection/ Payment of Import Bills.


  • Performance / Bid Bond guarantees issued in favour of the Importers at the instance of and against the counter indemnity of our correspondents abroad.


  • Forward Contract Facilities for hedging exchange risk.


  • Obtaining of credit reports on overseas sellers.


  • Remittances connected with imports including advance remittance etc.


  • Hedging Products for Interest rate risk like Options, IRS, Currency Swap, Coupon Swap FRA etc.

    N.B. Transactions undertaken in conformance to FEMA Norms prevailing from time to time.