#1
25th June 2015, 04:23 PM
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Ing Vysya Bank Buyers Credit
What are the functions and the features of the Buyers Credit of the Ing Vysya Bank, will you please give me some details about it? Also tell me when the Ing Vysya Bank provides the Buyers Credit? Buyer's Credit service is specially designed for whom?
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#2
18th February 2016, 01:19 PM
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Re: Ing Vysya Bank Buyers Credit
Hii Guys , I want to know Buyers Credit Information of ING VYSYA Bank ,Will you Plzz Give me Details for Same ?
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#3
18th February 2016, 01:22 PM
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Re: Ing Vysya Bank Buyers Credit
The Bank Provides Buyer's Credit, it is the Credit Availed by an Importer (Buyer) From Overseas Lenders Banks and Financial Institutions for payment of his Imports on due date The overseas Banks usually lend the Importer (Buyer) Based on the letter of Credit (a Bank Guarantee) Issued by the Importers (Buyer's) Bank. It can be availed for working capital needs or for import of capital goods. Consumers can Continue Buying and Selling of Securities from Your Existing Demat Account. There is no Change in your Depository Participant ID. You can also continue using the existing Delivery Instruction Booklets in case of offline transactions and existing trading platform in case of online trading accounts. In case you hold Demat accounts with both entities you can continue operating them. Export Credit ING Vysya provides Extensive export Credit for pre-Shipment and post-Shipment Requirements of Exporter Borrowers in rupees and Foreign Currencies. Export packing Credit Export Bills negotiation Export Bills Purchase & Discounting ING VYSYA Arranges for ECA financing for sourcing from more than one country Remittance Services Inward Remittance Services Outward Remittance Services Advisory Services Advisory Relating to FEMA, EXIM Policy, URC, UCPDC, URR, URDG Reserve Bank of India Guidelines, High Seas Sales, Merchanting Trade, Third Country Imports . |
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