We offer a comprehensive range of export finance products designed to reduce the trade and credit risks when you do business abroad. Our export finance team identifies your business needs and has designed a wide array of products to facilitate your businessís capital investments and working capital requirements.
Back to Back (BTB) L/C
BTB L/Cs are allowed to the 100% export oriented manufacturer exporters operating under bonded warehouse system against lien of Export L/C/Contract to import/procure required raw materials from overseas/local sources for execution of export order.
Import L/C (Sight/DP) other than BTB L/C
Any export-oriented industries like Textile, Spinning, Dyeing, Washing, Jute, Leather, and other accessories manufacturing units may enjoy these facilities to import/procure industrial raw materials or capital machineries for own factory use.
Packing Credit (PC)
PC is allowed against Export L/C/Contract to meet up the overhead expenses of the factory as pre-shipment finance.
Foreign Documentary Bill Purchase (FDBP) & Local Documentary Bill Purchase (LDBP)
FDBP facility is allowed to the customer to negotiate/purchase foreign documentary export bills drawn under valid Export L/C. On the other hand, LDBP facility is allowed to negotiate/purchase Inland/local Documentary bills duly accepted for payment by scheduled Banks in Bangladesh.
For RMG factories like Knit, Woven & Sweater, Overdraft facility may be allowed as working capital finance instead of PC or in addition to PC at usual rate of the Bank with quarterly rest. This facility may also be allowed to meet non-recurring expenses of the factory like Eid bonus.
Term loan may be allowed against construction of factory building and/or importation/procurement of capital machineries. Specific deduction from each export proceeds of the customer shall be made for smooth adjustment of the Term Loan.
BG may be allowed for utility connection, releasing imported goods from customs authority or other specified purposes of the customer.