Off-shore Banking

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: