Banker's Acceptance
Assurance for your foreign payments
Banker's Acceptance is a draft or bill of exchange accepted by a bank where the accepting institution guarantees payment. It is used extensively in foreign trade transactions.
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Guarantees for foreign trade transactions
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Flexible investment period
Investments can be made for any period up to 182 days.
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Reduced instruments
Instruments are traded on a discounted basis.
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Grow your interest
Interest is payable on maturity.
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Obtain foreign bills
Investments are dependant on the availability of bills.
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Negotiated rates
Rates are negotiated on application.