Our Trade Finance Solutions

Letter Of Credit Solution:-

We can organize At Sight and Usance (Deferred Payment) Letters Of Credit as part of LC Solutions to Importers

Banks In U.S.A From Whom we Can Organize LCs At Sight And Usance (Deferred Payment) LCs:-

Bank Leumi NY- U.S.A (SWIFT - LUMIUS3N)

Israel Discount Bank NY – U.S.A (SWIFT - IDBYUS33)

Wells Fargo NY – U.S.A (SWIFT - WFBIUS6S)

Habib Bank – U.S.A (SWIFT - HANYUS33)

Hanmi Bank – U.S.A (SWIFT – HANMUS6L)

Bank Hapolim – U.S.A (SWIFT - POALUS33)

Banks In Singapore, Hong Kong And India From Whom we Can Organize LCs At Sight:-

Indian Bank – Singapore (SWIFT - IDIBSGSG)

Standard Chartered Bank – Singapore (SWIFT - SCBLSGSG)

Citi Bank – Singapore (SWIFT - CITISGSGGCB)

DBS Bank Ltd – Singapore (SWIFT - DBSSSGSG)

Indian Overseas Bank – Hong Kong (SWIFT - IOBAHKHH)

HDFC Bank – India (SWIFT - HDFCINBBCAL)

Andhra Bank – India (SWIFT - ANDBINBBCAL)

YES Bank – India (SWIFT - YESBINBBXXX)

Regarding Uses Of Obtaining LCs And Usance (Deferred Payment) LCs From Us :-

Many Importers are utilizing our Trade Finance Services and are able to successfully complete their Trade transactions.
Importers can utilize our LC facilities as described in the below example

1. Consider a Client/Importer from India has a requirement to buy Machinery from China. Let’s assume that the cost of
each Machine is 100,000 USD and the Importer requires 10 Machines, as they have an existing Buyer who is ready to
purchase the Machinery from them at 120,000 USD Per Machine and release payment as soon as the Importer is able
to supply. Now, let’s assume that the time taken to Manufacture/Assemble One or all of these Machines is 90 Days.
Now, in order to place an order for entire 10 Machines, the Importer should have Either 1,000,000 USD Cash Reserve
or equivalent LC Issuing Limits in their bank. We can help Importers who doesn’t have either of these. If the Importer
has approximately 20% of the Total LC Value i.e 200,000 USD, we can successfully structure the transaction as shown
below
2. We will issue a 1,000,000 USD LC At Sight with 180 Days Validity on behalf of the Importer from One of our Issuing
Banks in U.S.A or Singapore mentioned above. We will Issue this in favor of the Supplier in China

3. We charge a Issuing fee of approximately between 7% to 9% (Subject to Negotiation at the time of execution -
Depending Upon the Issuing Bank) for this 180 Days LC At Sight. We don’t require any additional collateral from
Importer to structure this transaction

4. It will be a 1,000,000 USD LC At Sight with Partial Shipments allowed. Now, Since the Supplier in China has received
the order for entire 10 Machines, they will immediately start Manufacturing/Assembling all the 10 Machines and will
complete within 90 Days from the date of receipt of the LC

5. Next, the Importer will request the Supplier to make Partial Shipments of One Machine each in a Shipment. So, the
Supplier will ship the First Machine of value 100,000 USD on the 90th day after receipt of LC and will send the Shipping
documents to Issuing Bank. Now, as soon as the documents are received by Issuing Bank, Importer will make a
payment of 100,000 USD towards the shipment to Issuing Bank and the Issuing Bank will send a Documents
Acceptance Message to Beneficiary bank and will release the originals of Shipping documents to Importer. The
Importer will in turn release the Shipment to their existing buyer who will pay the Importer 120,000 USD as soon as
the shipment is released

6. Now, the Importer will request the Supplier to continue making partial shipments of One machine in each shipment in
an interval of 10 days (Shipping time, payment settlement and releasing the shipment to end buyer). In this way the
Importer will be able to complete the entire transaction of buying and selling Ten Machines worth 1,000,000 USD
with just 20% funds available with them (i.e 200,000 USD) within 180 - 200 Days

6.a. Therefore, Total Number of Machines sold =

7. So, by utilizing our Trade Finance LC solution, Importer will be able to complete the entire transaction of Ten
Machines without having either 1,000,000 USD Cash reserves or LC Limits in his/her bank

8. Also, the Importer would be able to deliver entire Ten Machines within 180 – 200 Days to his/her end Buyer by
utilizing our Trade Finance Facility which would have otherwise taken him/her 15 Months i.e 455 days to deliver with
an initial capital of 200,000 USD available with him/her. So, within the same 15 Months period, by utilizing our facility,
the Importer could supply more than 20 Machines to his/her end Buyer

PS: The Solution can be availed for product/commodity and Importers can be benefitted to the maximum
utilizing our Letter Of Credit Solutions

We Look Forward to work with you