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