2.6.5 Detailed Coverage (Description of the Product)

Product Code	PRPS
Description	Outgoing Documentary Sight Bills under LC on Negotiation
BC Type	Export
Tenor Code	Sight
Under LC	YES
Document	Documentary
Operation	Negotiation

Product Code	PRPM
Description	Outgoing Documentary Multi tenor Bills under LC on Negotiation
BC Type	Export
Tenor Code	Multi tenor
Under LC	YES
Document	Documentary
Operation	Negotiation

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
Acceptance Commission Preference	No
Advance By Loan	No
Loan Product	No
Link to Loan(Export Bills)	No