2.8.5 Detailed Coverage (description of the product)

Product Code EBPS
Description Outgoing clean Sight Bills Under LC On Collection
Slogan APACK
Product Group BCOUT
Remarks Outgoing Documentary Sight Bills Under LC On Collection
Type Export
Tenor Code Sight
Under LC YES
Document Documentary
Operation Collection
Product Preferences
Auto Liquidate BC Contracts Yes
Auto Status Change Yes
Auto Change from Acceptance to Advance No
Accrual Freq Daily
Interest Comp to be Collected in Advance
Allow Prepayment of Interest No
Default Rate Type STANDARD
Acceptance Commission Preference No
Advance By Loan No
Loan Product No
Link to Loan(Export Bills) NO
Product Code EBPM
Description Outgoing Clean multi tenor bills Under LC On Collection
Slogan APACK
Product Group BCOUT
Start Date
End Date
Remarks Outgoing Documentary Sight Bills Under LC On Collection
Type Export
Tenor Code Multi-tenor
Under LC YES
Document Documentary
Operation Collection
Product Preferences
Auto Liquidate BC Contracts Yes
Auto Status Change Yes
Auto Change from Acceptance to Advance No
Accrual Freq Daily
Interest Comp to be Collected in Advance
Allow Prepayment of Interest No
Default Rate Type STANDARD
Acceptance Commission Preference No
Advance By Loan No
Loan Product No
Link to Loan(Export Bills) No