We have a full-fledged trade finance set-up catering to all your trade related requirements which offers you the following advantages:
Better turnaround time through timely processing of your documents
Faster payments: constant follow-ups with our correspondent banks ensure timely recovery of funds from your buyers as well as timely payments to your suppliers
Lower cost
Access to our vast correspondent banking network for better reach
Excellent trade support
Arrangement of credit reports of overseas parties
Specialised advice on international trade related issues as well as technical issues such as ECM requirements, RBI reporting, latest circulars and latest international developments.
User-friendly and client-focussed MIS capabilities to suit your requirements
Local bills collections
Our wide network of branches spread across the country enables us to send and follow up on your LC-backed as well as clean bills sent for collection. The cheque received at the location is cleared locally, and the credit is passed on to the beneficiary without any time loss on receipt of clear funds.
International Bills collections
HDFC Bank has correspondent banking arrangements with more than 370 banks worldwide. Our ability to handle large volume collection portfolios of corporates places us in a unique position to offer you world-class facilities in handling your collection as regards imports, exports, bills under LC and so on.