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Trade Finance

Announcements

Important Notice regarding COVID-19

Exchange Rates

 

Trade Finance

Bank of India offers trade finance services to all our existing as well as new customers. With our global network of branches, your trade financing with us will be smooth and fast.

Services Offered We offer the following trade related services

Letter of Credit (LC) - Opening / Confirmation / Advising

Financing of Import Transactions – Loans / Trust Receipts

Collection of Bills - Import / Export

Issuing Guarantees through our branches in India

Negotiation of export documents at fine rates

Usance LC reimbursement at Sight (ULRS) for LC opened by all Indian commercial Banks

Discounting of documents upon receipt of acceptance/Suppliers Credit

The above list is illustrative and not exhaustive. For any other kind of credit requirement, you are welcome to call us and inquire.
Contact details If you need more information, please call us on our toll free number 1-800-232-2828 or speak to our Assistant Vice President at 646-720-0397 or Vice President (Credit) at 646-720-0390.