2.2.4 Detailed Coverage (description of the product)

CODE ILIN IRLI

DESC

Islamic Import LC Usance Non Revolving Islamic Import LC Sight Non Revolving
TYPE Import Import
Revolving N N
Tenor
Standard 90 90
Minimum 30 30
Maximum 900 365
Tolerance Percentage
Positive 10 10
Negative 10 10
Exchange Rate Related Details
Default Rate Type Standard Standard
Rate Override Limit 3 5
Rate Stop Limit 10 90
Other Preferences
Collateral Percentage 10 10
Period of Presentation NA NA
Applicable Rules UCPURR LATEST VERSION UCPURR LATEST VERSION
Confirmation Required No No

Draft Tenor

Minimum 0 Maximum 0