WELCOME TO UNION BANK OF INDIA, SYDNEY BRANCH

Trade Finance

Corporates trading in international markets require foreign currency funding for meeting their exports and imports fund obligations.

Salient Features

  • Facilities available for meeting pre sales and post sales requirements both in domestic as well as foreign currency.
  • Foreign Letters of Credit for procurement of raw materials/goods.
  • Purchase/Discounting of Foreign Bills under LC or under confirmed order.
  • Negotiation of Bills under LC.

Products:

  • Issue of Letter of Credit (LC).
  • LC Confirmations.
  • Bank Guarantees.
  • Overdrafts.
  • Buyers Credit and Suppliers Credit
Table Header
Period
Rate (%)p.a.*
Above 1 Month upto 3 Months
1.5
Above 3 Months upto 6 Months
2.5
Above 6 Months upto 12 Months
3.5
Above 12 Months upto 24 Months
4.00
Above 24 Months upto 36 Months
4.00
Above 36 Months upto 48 Months
4.00
Above 48 Months upto 60 Months
4.00
Above 60 Months
4.00
Currency Rates
Currency
TT Buying
TT Selling
INR
0
55.29
USD
0.6888
0.6588
GBP
0.5567
0.5567
EUR
0.6325
0.6125