2.1.5 Detailed Coverage (Description of the Product)
Product Code | ESNC |
---|---|
Description | Outgoing Documentary Sight Bills not under LC on Collection |
BC Type | Export |
Tenor Code | Sight |
Under LC | NO |
Document | Documentary |
Operation | Collection |
Product Code | ESNC |
---|---|
Description | Outgoing Clean Sight Bills not under LC on Collection |
BC Type | Export |
Tenor Code | Sight |
Under LC | NO |
Document | Clean |
Operation | Collection |
Product Code | ESNC |
---|---|
Description | Outgoing Clean Sight Bills not under LC on Collection |
BC Type | Export |
Tenor Code | Sight |
Under LC | NO |
Document | Clean |
Operation | Collection |
Product Code | ESNC |
---|---|
Description | Outgoing Documentary Multi Tenor Bills not under LC on Collection |
BC Type | Export |
Tenor Code | Multi Tenor |
Under LC | NO |
Document | Documentary |
Operation | Collection |
Product Preferences | |
---|---|
Auto Liquidate BC Contracts | No |
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 | BILLS |
Accep Commission Pref | No |
Advance By Loan | No |
Loan Product | No |
Link to Loan (Export Bills) | No |
Parent topic: Product Code – ESNC/ESCC/ESNM