HDFC Bank’s correspondent banking services make international trade smoother for clients through a wide bouquet of services. These include:
Our trade finance services cover collection and realisation of Usance and Sight instruments in INR and major global currencies drawn on Indian banks or corporations; advice on letters of credit favouring Indian banks or enterprises; supplier’s credit or bill discounting facilities based on such letters of credit; rupee nostro accounts at competitive rates; and bid/ bonds and guarantees in local and foreign currencies
Get rupee funding or bank guarantees and letters of credit for your corporate clients in India
Efficient processing of inward and outward remittances in multiple currencies. NRIs can benefit from our proprietary remittance system called IndiaLink for remittances into India. Ensure timely delivery of remittances through our extensive tie-ups with reputed courier agencies.
For more details, write to us at firstname.lastname@example.org