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January 11th, 2016, 11:12 AM
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Buyers Credit Bank of Baroda
I want to know the cities for Buyer’s Credit of Bank of Baroda, Hong Kong? Also provide me the letter of Undertaking? Bank of Baroda, Hong Kong extends Buyer’s Credit in USD and all major currencies like EUR, GBP, JPY and HKD as Short Term Finance for Payment of Imports into India against Letter of Undertaking from Importer’s Banks in India. Finance under Buyers’ Credit can be extended for a period not exceeding 1 year from the date of shipment for non capital goods Not exceeding 3 years from the date of shipment for capital goods. For import of capital goods by Infrastructure companies, permissible period is upto 5 years. Letter of Undertaking- For enquiries and quotes, please contact Branch Name Phone Central Mr. Vaibhav Bindal 2521 5167 Tsim Sha Tsui Mr. Milind Devare 2369 2963 Last edited by Neelurk; April 25th, 2020 at 05:05 PM. |