Off-shore Banking
Add Confirmation to LCs:
- To Deferred Credits issued by other Banks or Branches of IFIC bank for smooth execution of LC terms.
Bills Discounting (Import Bills):
- To secure clients’ business growth and improve their negotiating base with suppliers.
Discounting of Export Bill:
- An exporter derives benefit from interest rate differential when discounting export bills by OBU.
Foreign Currency Time Loan/Term Loan:
- Foreign currency loans are available to both resident (with BIDA permission) and foreign owned companies under a set of agreed terms and conditions.
Buyer's Credit:
UPAS LC Settlement: