Import Financing
Pubali Bank offers various import services to import raw materials, capital machineries and other permissible products/goods from abroad .
Letter of Credit (L/C):
Two types of facilities are provided by the bank against shipping documents, cash margin and counter guarantee
Sight L/C : Payment is made immediately to the beneficiary upon presentation of LC documents.
Deferred L/C: Payment made after a certain period to the beneficiary
UPAS L/C: It is a Usance L/C that is payable sight basis to the seller (beneficiary)
LATR (Loan against Trust Receipt)
Financing to the importer for withdraw of shipping documents against Trust Receipt.
LIM (Loan against Imported Merchandize)
Financing to the importer for withdraw of shipping documents against Pledge of Imported goods.
Term Loan:
Retirement of L/C documents by creation of term loan against capital machineries.
Eligibility & Requirements
Valid Import Registration Certificate (IRC)
Valid VAT Registration Certificate
Satisfactory Credit Report
Latest Tax Return Receipt/Certificate
Features & Benefits:
Easy and Fast processing
Attractive Interest Rate & Commission