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Import Letter of Credit:
Opening of Import Letter of Credit in major permitted currencies, in favour of overseas suppliers across the globe
Letters of credit are advised through major International Banks.
Arrangements are also in place to add confirmation of advising Banks to the letters of credit on your or supplier’s request.
For faster advising of letter of credit we have the facility of SWIFT.
Import Bill Received for Collection:
We handle import bills received on collection basis sent by your Overseas Suppliers through a Bank, on the basis of documents against payment or on acceptance.
Saraswat Bank makes arrangement for Short Term Buyer’s Credit for Import Trade transaction.
We have arrangement for issuance of International Guarantees subject to prevailing RBI regulations.
Execution of overseas projects
Securing External commercial borrowings
Advance payment guarantees on account of exporters of goods and services
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