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Trade servicing Products :

LETTER OF CREDIT(LC)/ LC ADVISING

Letter of Credit is issued on your behalf in favour of the beneficiary to pay a certain sum of money
against presentation of stipulated set of documents thereby providing you with security and control over
transaction by negotiating payment terms.

Authentication of your inbound Letter of Credit can be done through ICICI Bank LC advising services by
providing you with assurances that it comes from a genuine source

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· Convenience – Letter of Credit is sanctioned and Issued quickly
· Feasible Alternatives - ICICI Bank LCs can also be availed against 100% cash margin in the form
of Fixed Deposits
· Wide Acceptance – Our LC is gloabally accepted by all beneficiaries

Product 2.
IMPORT FINANCE/ BUYER'S CREDIT

Buyer's credit is an essential tool for financing your imports in foreign currency to address your working
capital shortfalls like purchase of goods or services

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· Multichoice – With our Buyers Credit, you can also avail an option to book your forward contracts
as well as can issue Bank Guarantees at the same time
· Ease – With our Buyers Credit, we provide you with provision for cheaper financing of imports
through LIBOR related interest rates
· We provide you Competitive rates with overseas banks

Product 3
IMPORT BILL FOR COLLECTION

Our import bill for collection services ensures that bills or documents lodged with us by customer are
only released against payment or acceptance thus providing comfort that you will not lose control of the
goods without payment or the promise to pay

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· Wide Network- With our wide prescence across the country, collection services through our
conveniently located Branches can be availed of
· Alerts- With our technology platform,"Trade Online", notifications/alerts will let you know when
we receive your documents
· Convenience- Also, you can easily access our Inward bill collection services without
the requirement of a credit facility

Product 4
INWARD REMITTANCE

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Our Inward remittance services helps you in transfering funds from any account anywhere globally to
your account with us anywhere in India through our global tie ups with many international banks.
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· It takes 24-48 banking hours for the funds to reach our account held with our correspondent bank
post fund transfer request with your local bank
· Post processing of Wire transfer, money will be transferred to your beneficiary account within 2
hours
· Presence – You can easily do your inward remmitances through our wide distribution network of
ICICI Bank Branches in India & Tie-ups with Correspondent Banks across the globe
· Convenience – Procedure to avail inward remmitance services is simple to process and widely
applicable.

Product 5
OUTWARD REMITTANCE
With our Outward remittance services we help you in transfering funds to any account anywhere globally
from your account with us through our global tie up with many international banks.

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· Fast process – Our outward remittance services provides you with quick transfer of funds and
hassle free remittance solutions
· We provide you with Competitive foreign exchange rates & charges
· You can avail our services through our Wide distribution network of ICICI Bank Branches in India
& Tie-ups with Correspondent Banks across the globe

Product 6
EXPORT FINANCE

With our Export Finance services you can Efficiently Manage you Payment Cycle for Exports
Under Export finance solutions we offer following two products addressing your specific export related
finance requirements :-

A. Pre-Shipment Finance [EXPORT PACKING CREDIT (EPC) & EXPORT PACKING CREDIT IN FOREIGN
CURRENCY (PCFC)]

Our EPCPCFC products provides you with flexible short term lending facility that assists you in the
purchasing and/or manufacturing of goods prior to export to the ultimate buyer.

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· Assistance – EPC/PCFC acts as a flexible cash flow management tool which assists you to match
underlying trade transactions with your trading cycle
· Meet Your Requirements – EPC/PCFC helps you with providing working capital to start
manufacturing your export goods and thus improves your cash flow
· Convenience – EPC/PCFC allows you to make timely payments to your suppliers, and thus
enhances your business reputation with a potential to negotiate more favourable payment term

B. Post-Shipment Finance – (EXPORT BILL NEGOTIATION)

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Our EBN product is meant to finance export sales receivable thereby providing continuity in your export
cash flows and thus allows you to reinvest proceeds immediately.

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ñ Accessibility – EBN can be easily availed on presentation of export collection documents
ñ Ease -Immediate post-shipment export finance in form of EBN for open account trading (subject
to approval)
ñ Efficient – With Quick turnaround time EBN would be easily availaible with you for your usage
C. Letter of Credit Confirmation

Our “Letter of Credit confirmation” helps you in eliminating the foreign bank and country risks from your
export collections by providing ICICI Bank's confirmation on export “Letter of Credit” received from other
foreign banks.

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· Risk-averse – With our LC confirmation, foreign bank and country risks are easily eliminated from
your export collections
· Convenience – Our LC confirmation will make you assured of payment, subject to non-discrepant
documents, irrespective of non-payment by LC opening bank.

Product 7
Export Bill for Collection/ Export bill lodgement
With our Export Bill lodgement services, you simply present your documents to us and gain increased
control over export receivables by experiencing fewer delays in receiving payment
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· Ease – With our Quick turnround time, you can get control over export receivables at the earliest
· Convenience – Provision of Handing over your bills at any nearest ICICI Bank Branch.
· Personalized service – A Personalized Dedicated relationship manager mapped to you to assist
you with your request/queries

Product 8
Overdraft/ Cash Credit OD/CC
With our Over Draft/Cash Credit limit facility you can operate the day by day business against collateral
security.

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· Personalized service – Personalized Dedicated relationship manager mapped to you is always
availaible for your doorstep service
· Wide prescence – You can Leverage on our anywhere banking services through 2500 plus branch
network to avail our OD/CC limits
· Hassle free renewals of your OD/CC limits can be acheive with less documentation

LETTER OF CREDIT BILL DISCOUNTING (LCBD)

With our LCBD you can finance domestic export sales receivable thereby providing continuity in your
domestic export cash flows and thus allows you to reinvest proceeds immediately.

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· Accessibility – LCBD can be easily availed on presentation of export collection documents


· Ease -Immediate domestic finance in form of LCBD for open account trading (subject to
approval)
· Efficient – With Quick turnaround time LCBD would be easily availaible with you for your usage

INWARD BILL LODGEMENT

Our inward bill lodgement services ensures that bills or documents lodged with us are only released
against payment or acceptance

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· Wide Network – Avail inward bill lodgment services through our conveniently located Branches
across the country
· Alerts- With our technology platform,"Trade Online", notifications/alerts will let you know when
we receive your documents
· Convenience – Easy access to our Inward bill collection services without the need for a credit
facility

OUTWARD BILL LODGEMENT


With our Outward Bill lodgement services, you simply present your documents to us and gain increased
control over domestic export receivables by experiencing fewer delays in receiving payment
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· Efficient – With Quick turnaround time, you can take control of your domestic export receivables.
· Convenience – Through our Outward bill lodgement services, handover of bills at any nearest
ICICI Bank Branch.
· Personalized service – A Personalized Dedicated relationship manager mapped to you to assist
you with your request/queries

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