Services
Our Export Collections service ensures that you get faster collections for all your export bills provided all the necessary documents that have to be sent to overseas banks for collection are in place.
You might require your overseas importer to make advance payments for goods you are supposed to export. We have a specific product designed for you called Export Advances. Advanced payments on your Exports can help you get paid sooner and improve cash flow.
LCs issued by foreign bank (importer's bank) through SWIFT are authenticated by HDFC Bank Ltd. and advised to the beneficiary. We can support your needs with our wide network of correspondent bank arrangements.
Letter of Credit (L/C) confirmation provides a guarantee of payment to the exporter provided that all terms and conditions of an L/C (issued by another bank) are complied with. HDFC Bank can add confirmation to LCs issued by foreign Banks and give a definite undertaking of payment of LC.