2.3.5 Detailed Coverage (Description of the Product)
| Product Code | EUNA |
|---|---|
| Description | Outgoing Clean Usance Bills not under LC On Discount |
| BC Type | Export |
| Tenor Code | Usance |
| Under LC | NO |
| Document | Clean |
| Operation | Discount |
| Product Code | EUNM |
|---|---|
| Description | Outgoing Clean Multi Tenor Bills not under LC on Discount |
| BC Type | Export |
| Tenor Code | Multi tenor |
| Under LC | NO |
| Document | Clean |
| Operation | Discount |
| Product Code | EUNA |
|---|---|
| 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 | BILLS |
| Accep Commission Pref | No |
| Advance By Loan | No |
| Loan Product | No |
| Link to Loan(Export Bills) | No |
| Product Code | EAUC |
|---|---|
| Description | Outgoing Documentary Usance Bills not under LC On Discount |
| BC Type | Export |
| Tenor Code | Usance |
| Under LC | NO |
| Document | Documentary |
| Operation | Discount |
| Product Code | EAUC |
|---|---|
| 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 | STANDARD |
| Accep Commission Pref | No |
| Advance By Loan | No |
| Loan Product | No |
| Link to Loan (Export Bills) | No |
Parent topic: Product Code – EUSD/EUND/EUSM