2.2.5 Detailed Coverage (Description of the Product)

Product Code EIBA
Description Outgoing Documentary Usance Bills Not Under LC On Acceptance
BC Type Export
Tenor Code Usance
Under LC NO
Document Documentary
Operation Acceptance
Product Code EINM
Description Outgoing Documentary Multi Tenor Bills Not Under LC on Acceptance
BC Type Export
Tenor Code Multi tenor
Under LC NO
Document Documentary
Operation Acceptance
Product Code EIBA
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 EINM
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
Accep Commission Pref No
Advance By Loan No
Loan Product No
Link to Loan(Export Bills) No
Product Code EIBU
Description Outgoing Clean Usance Bills Not Under LC On Acceptance
BC Type Export
Tenor Code Usance
Under LC NO
Document Clean
Operation Acceptance
Product Code EIBU
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
Accep Commission Pref No
Advance By Loan No
Loan Product No
Link to Loan(Export Bills) No