Bill Discounting
We can arrange export Bills Discounting Limit being set for companies having export transactions at very attractive discount rates. Once the company exports the goods, the bills can be discounted once the accepted Bills, Bill of Lading, Packing List and Certificate of Origin is submitted to banks. The bank deducts the discount and remits the remaining amount to the company’s account. This is a cheaper source of working capital financing for companies as export financing are provided by banks at very attractive interest/discount rates.