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11/01/2024

UPAS payment service - L/C deferred payment immediately

UPAS-Usance Payable At Sight product aims to meet the capital needs of import businesses by converting L/C payment for goods from "immediate payment" to "deferred payment".

Conditions apply:
- Applicable to import businesses that meet the conditions for opening import L/C with deferred payment according to current Eximbank regulations; according to the regulations of the state bank and the law;
- Applicable to L/Cs paid in USD, maximum deferred payment period of 180 days.

Utilities:
- Importing enterprises are entitled to delayed payment of goods on the basis of Eximbank's guarantee.
- Foreign export enterprises (beneficiaries) are paid immediately.
- Competitive fees.
- Receive dedicated and thoughtful advice from Eximbank.

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