POLE FINANCIER

Trade Finance (UPAS LC)

Usance PayableatSight, isaderivativefromthe standard L/C type(Sight L/C& Usance L/C). It is actuallythecombinationbetween SightL/CandUsanceL/C.Simplysaying, UPASisaUsanceL/C thatispayablesightbasis to the seller (beneficiary), whilethepayment settlement fromthe applicant (buyer) to the issuing bank will made on at the end of usance term

Name of Bank/ FI

  • Wells Fargo
  • UBAE
  • SCB (Singapore)
  • SCB (Hongkong)
  • Mashreq Bank
  • ICICI Bank
  • Nova Scotia Bank
  • UBAF - Switzerland
  • Commerze Bank (Germany)
  • Habib Bank AG Zurich
  • DOHA Bank - Qatar
  • State Bank of India
  • Axis Bank
  • CITI Bank (Singapore)