Preferred Banking Services

Trade Facilitation Center brings all the preferred banking partners of Alibaba.com members to assist in your trade finance needs. You can get various privileges, such as discounts on financial needs, knowledge about trade financial services, and easy access to banking with our preferred banking partners.

Partners

Services Offered

Services Description Partners Actions & Promotions
LC (Letter of Credit) Simple Loan Sanction & Documentation
- Against 110% FD Margin
- Against Credit Limits (basis credit assessment)
50% waiver in processing charges Online MIS on LC’s issued and their due dates Online platform for placing & tracking LC issuance requests online
Bank Guarantee Simple Loan Sanction & Documentation
- Against 110% FD Margin
- Against Credit Limits (basis credit assessment)
50% waiver in processing charges Online MIS on LC’s issued and their due dates Online platform for placing & tracking LC issuance requests online
Direct Remittances (under Open Account transactions) - 50% waiver in processing charges
- Online platform for placing & tracking remittance requests
Trade Forex : To sell & To Buy - View/buy or sell Forex Transact on call for Forex rates
- Access to Market Research reports
- Hedging solutions
- Forwards & Options for future payables or receivables
Domestic Transfers – CMS - 50% waiver on one time setup charges
- 50% waiver on Transaction charges
SME Loans ICICI Bank: Simple documentation and quick TAT & 50% waiver on processing fee

Capital Float: Collateral free loans from INR 1 Lac to INR 100 Lacs, Hassle free application and approval process delivered via a seamless online platform, Loan approval within 5 business days with simplified documentation 7 Significant product flexibility to meet individual business needs, Contact: 91 (80) 6768-3920
Transaction Banking - Waiver of monthly average balance (MAB) for first 6 months
- Account aggregation services
Invoice financing Capital Float: Upto 80% of invoice value extended as advance supported with hassle free application and approval process delivered via a seamless online platform. Empanelment within 5 business days once empaneled invoices funded within 24 hours, Invoices raised against most large domestic companies can be funded easily. Contact: +91 (80) 6768-3920
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Note:

All services are provided by partners of Alibaba.com members and the Trade Facilitation Center, who acts as a consolidator & connector of the offered services and privileges.
Disclaimer : All trade transactions would be in conformity with the Foreign Trade Policy in vogue and the Rules framed by the Government of India and the Directions issued by the Reserve Bank of India/ Foreign Exchange Management Act from time to time