2.9.5 Detailed Coverage (Description of the Product)
Product Code | EAPS |
---|---|
Description | Outgoing Documentary Usance Bills under LC on Acceptance |
BC Type | Export |
Tenor Code | Usance |
Under LC | YES |
Document | Documentary |
Operation | Acceptance |
Change of Operation | Acceptance to Discount |
Product Code | EAPM |
---|---|
BC Type | Export |
Tenor Code | Multi Tenor |
Under LC | YES |
Document | Documentary |
Operation | Acceptance |
Change of Operation | Acceptance to Discount |
Description | Outgoing Documentary Multi Tenor Bills under LC on Acceptance |
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 |
Acceptance Commission Preference | No |
Advance By Loan | No |
Loan Product | No |
Link to Loan(Export Bills) | No |
Product Code | ECPM |
---|---|
Description | Outgoing Clean Multi Tenor Bills under LC on Collection |
Slogan | Outgoing Clean Multi Tenor Bills under LC on Collection |
Product Group | BCOUT |
Start Date | |
End Date | |
Remarks | APACK |
Type | Export |
Tenor Code | Multi-tenor |
Under LC | YES |
Document | Clean |
Operation | Collection |
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 | STANDARD |
Acceptance Commission Preference | No |
Advance By Loan | No |
Loan Product | No |
Link to Loan(Export Bills) | No |
Parent topic: Product Code EAPS /EAPM