Sri Lankan website
Home
Contact Us Information Request
Commercial Bank

Tradecom

 

ImageProvide assistance to SME customers for meeting their trade finance requirements at the most convenient way.

Features:

  • Eligibility Criteria - Age should be within 21 to 55 years. In case of limited liability company or partnership concern, the key person should be within the above age range and successfully engaged in the import / export business during the last two years.
  • Products to be imported / exported - All goods and merchandise acceptable to the Bank.
  • L/C limit up to BDT 20 million.
  • Same day delivery of L/C is ensured.
  • LTR / STL facility for a maximum period of 3 months up to 100% of L/C amount, if required.
  • STL up to 10% of L/C for duty payment, if required.
  • Most competitive and attractive rates for opening L/C.
  • No amendment charges for L/C (except for change in amount & foreign bank charges).
  • No confirmation charges for L/C for import from Hong Kong and China.
  • Most competitive and attractive interest rates for Short Term Loan and LTR facilities.
  • Security - A minimum of 25% of L/C limit to be held in a Deposit account with the bank, hypothecation of stocks with due insurance coverage, personal Guarantee (s), monthly deposits build up and any other securities as may be decided by the bank.
  • Availability - All Branches & Booths of the Bank.

YOUR FASTEST SME TRADE FINANCE SOLUTION


© 2013 Commercial Bank of Ceylon PLC. All rights reserved