2.2.5 Detailed Coverage (Description of the Product)

Product Code	IULL
Description	Incoming Documentary Usance Bills under LC on Acceptance
BC Type	Import
Tenor Code	Usance
Under LC	Yes
Document	Documentary
Operation	Acceptance

Product Code	IULM
Description	Incoming Documentary Multi Tenor Bills under LC on Acceptance
BC Type	Import
Tenor Code	Multi tenor
Under LC	Yes
Document	Documentary
Operation	Acceptance

Product Preferences
Auto Liquidate BC Contracts	Yes
Auto Status Change	Yes
Auto Change from Acceptance to Advance	Yes
Accrual Freq	Daily
Interest Comp to be Collected in	Advance
Allow Prepayment of Interest	Yes
Default Rate Type	BILLS
Accep Commission Pref	Advance
Advance By Loan	No
Loan Product	No
Link to Loan(Export Bills)	No