2.5.4 Detailed Coverage (description of the product)
| CODE | BLIC |
|---|---|
|
DESC |
BLIC - Islamic Import Back to Back LC product |
| TYPE | Import |
| Revolving | N |
| Tenor | |
| Standard | 30 |
| Minimum | 1 |
| Maximum | 365 |
| Tolerance Percentage | |
| Positive | 10 |
| Negative | 10 |
| Exchange Rate Related Details | |
| Default Rate Type | Standard |
| Rate Override Limit | 3 |
| Rate Stop Limit | 10 |
| Other Preferences | |
| Collateral Percentage | 10 |
| Period of Presentation | 21 Days |
| Applicable Rules | UCP LATEST VERSION |
| Confirmation Required | NO |
Parent topic: Islamic Import Back to Back LC product (BLIC)