2.1.4 Detailed Coverage (description of the product)
| CODE | ILIP | ILIR |
|---|---|---|
|
DESC |
Islamic Import LC Usance Revolving Advance Periodic | Islamic Import LC Sight Revolving Advance periodic |
| TYPE | Import | Import |
| Revolving | Y | Y |
| Tenor | ||
| Standard | 30 | 7 |
| Minimum | 25 | 1 |
| Maximum | 900 | 365 |
| Tolerance Percentage | ||
| Positive | 10 | 10 |
| Negative | 10 | 10 |
| Exchange Rate Related Details | ||
| Default Rate Type | Standard | Standard |
| Rate Override Limit | 3 | 3 |
| Rate Stop Limit | 90 | 90 |
| Other Preferences | 90 | 90 |
| Collateral Percentage | 10 | 10 |
| Period of Presentation | 21 Days | 21 Days |
| Applicable Rules | UCP LATEST VERSION | UCP LATEST VERSION |
| Confirmation Required | No | No |