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Upfront Cost | E-Bank Guarantee via NeSL | LC,BG,SBLC (General)

by Pratz, Monday, November 20, 2023, 12:46 PM (244 days ago)

We are pleased to inform you of ICICI Bank's latest offerings in the realm of trade finance and performance bond activities. As part of our commitment to providing innovative and efficient financial solutions, we now present Electronic Bank Guarantee (E-BG) and Electronic Letter of Credit (ELC) services.

Key Features:

Electronic Bank Guarantee (E-BG) Services:

Off-Ledger Collateral Percentage: Avail E-BG services with an off-ledger collateral requirement ranging from 3-5% upfront, ensuring flexibility and convenience in securing financial transactions. Electronic Letter of Credit (ELC) Services:

Guarantee Options: NESL Bank Guarantee, Sight LC, and Usance without Bill Acceptance options available, catering to a diverse range of trade and financial activities. Efficiency and Speed:

Digital Processing: Experience the advantages of digital processing, ensuring swift and secure handling of trade finance and performance bond activities. Transparent and Cost-Effective:

Clear Fee Structure: Benefit from a transparent fee structure, facilitating ease of understanding and providing a cost-effective solution for your financial requirements. Secure Transactions:

Robust Security Measures: ICICI Bank prioritizes the security of your transactions, implementing robust security measures to safeguard your financial interests. We believe that these E-BG and ELC services will redefine your experience in trade finance and performance bond activities, offering a seamless and technologically advanced solution to meet your business needs.

For further details, assistance, or to initiate these services, please do not hesitate to contact our dedicated trade finance team. We appreciate your continued trust in ICICI Bank for your financial endeavors.

Contact : Ashish Roy : +91-9966468608

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