Export Trade
Export your goods and products globally through us. Our goal is to efficiently facilitate your exports and unlock your export trading potential. Our expert team is always ensuring to support you by providing the following services to gain confidence for each shipment prior to the receipt of payment:
Export Trade Services
- Export Letters of Credit Advising
- Export Letters of Credit Amendment (Amount enhancement/Date Extension/Other Amendment)
- Export Letters of Credit Confirmation
- Export Letters of Credit Cancellation
- Export Bill Collection
Features and Benefits
- Minimizing of production / credit risk
- Assurance of payment by importers as of credit terms and conditions are based on documentation
- Preplan further business activities for Exporters
- Available pre/post shipment finance from banks
- Receive money on time
Requirements
- Request Cover Letter with Company Letterhead
- Export license issued by Ministry of Commerce (both original and copy)
- Undertaking for non-license (if necessary)
BILL COLLECTION SERVICES (DP/DA)
MD Bank is providing also bill collection services (DP/DA) to Exporter.
BENEFITS
- Document against payment (DP): Documents are released only if the buyer has done immediate payments as agreed between buyer and seller at Sight basis.
- Document against acceptance (DA): Documents are released when the buyer accepts the bill of exchange/draft.
REQUIREMENT
- Request Cover Letter with Company Letterhead
- Export license issued by Ministry of Commerce (both original and copy)
- Undertaking for non-license (if necessary)
- Sales Contract
Rates and Fees
- Pre agreeable rate