A. Export Finance

Back-to-Back L/C

Export oriented business concerns (Proprietorship/Partnership Firms/Private/Public Limited Companies) can avail this non-funded credit facility under Export L/C/Contract to import/procure raw materials or to collect goods (in case where the exporter is not the actual manufacture) from overseas/local sources for execution of export order. Raw Materials or Collected Goods to be imported/locally collected in the name of the Bank. Considerable cash margin is required as per bank credit policy.

EDF Investment

To meet urgent cash requirement of the business concern in the mode of working capital finance for procuring local raw materials/stock in trade. Time Investment is given for a specific period matching with the operating cycle i.e. 30 days for trading and 90 to 180 days for manufacturing concern.

Packing Credit (PC) [against Export L/C]

Export oriented business concerns (Proprietorship/Partnership Firms/Private/Public Limited Companies) can avail this funded credit facility under Export L/C/Contract to meet overhead expense to shipment the goods against export order as pre-shipment finance. Reasonable Interest Rate as per Bank’s credit policy.

SOD (Export)

Export oriented Ready Made Garments Industries i.e. Knit, Woven & Sweater (Proprietorship/Partnership Firms/Private/Public Limited Companies) can avail this funded credit facility under Export L/C/Contract to meet non-recurring expense like Eid Bonus. Reasonable Interest Rate as per Bank’s credit policy.

FDBP & LDBP

FDBP facility is allowed to the customer to negotiate/purchase foreign documentary export bills drawn under valid Export L/C. On the other hand, LDBP facility is allowed to negotiate/purchase Inland/local Documentary bills duly accepted for payment by scheduled Banks in Bangladesh.

B. Import Finance

Import L/C (Sight/Deferred/UPAS)

Trading concerns (Proprietorship/Partnership Firms/Private/Public Limited Companies) can avail this non-funded credit facility to import trading goods. Imported Goods to be imported/locally collected in the name of the Bank. Considerable cash margin is required as per bank credit policy.

Investment against Trust Receipt (LTR)

LTR facility can only be allowed against imported goods under sight L/C. Investment against Trust Receipt (LTR) is a post-import short term funded facility provided to the importer who is a trusted client of the Bank involved in manufacturing/trading business to retire L/C related shipping documents.