2.7.4 Detailed Coverage (description of the product)
| CODE | ELCI |
|---|---|
|
DESC |
Islamic Export LC Revolving |
| TYPE | Export |
| Revolving | Y |
| Tenor | |
| Standard | 90 |
| Minimum | 30 |
| Maximum | 360 |
| Tolerance Percentage | |
| Positive | 10 |
| Negative | 10 |
| Exchange Rate Related Details | |
| Default Rate Type | Standard |
| Rate Override Limit | 3 |
| Rate Stop Limit | 10 |
| Other Preferences | |
| Collateral Percentage | 10 |
| Period of Presentation | NA |
| Applicable Rules | UCPURR LATEST VERSION |
| Allow Prepay | NO |
| Confirmation Required | NO |
Parent topic: Advising of Islamic Export LC Revolving (ELCI)