2.6.1 Introduction

These Products are used to book the Outgoing Documentary Sight/Multi Tenor Bills under LC on Negotiation, for both Credit Compliant & Discrepant Document Submitted by the Exporter.

These Products can be used for even Remitting Proceeds from the Reimbursing Bank through Reimbursement Claim.

One of the Purpose can be To Settle the Pre shipment Loan (Full Bill Amount).

Part Purchase- Liquidate one Loan & Credit the remaining Proceeds to the exporter.