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BEST FOR

Secure and timely export payments

  • Faster access to export payment

  • Pre-shipment finance support

  • Global LC advising

  • Export bill negotiation & purchase

Why get it from us?

  • Support for exporters

    Trusted export services including LC advising, confirmation, bill purchase and collection to help improve payment security and liquidity.

  • Reliable export partner

    Ensures smoother export operations by aligning finance with trade cycles and using LC-based services to secure timely payments.

  • Backed by global reach

    With strong correspondent bank relationships, our LC Advising and Confirmation services offer security and better control for exporters.

  • Focus on cash flow

    Financing and LC-linked services work together to reduce delays in export payments and support steady international business growth.

About Export Services

Flexible payment options

ICICI Bank Canada helps exporters access funds through pre-shipment finance, export bill purchase, bill collection and LC discounting, providing flexibility in managing receivables and improving cash flow.

Efficient cash flow management

Our Export Services enable timely payment collection and discounted fund access, helping exporters maintain consistent cash flow and avoid delays caused by international trade processes.

Global risk mitigation

With LC Confirmation and Advising through ICICI Bank Canada, exporters reduce foreign bank and country risks while ensuring payments are secured even if the issuing bank faces delays.

Streamlined documentation handling

All export bills and LC documents are processed with strict adherence to international banking standards, ensuring compliance and faster approvals for negotiations, collections and discounting.

Trusted international network

ICICI Bank Canada maintains correspondent relationships with over 1,200 global banks, allowing smooth LC Advising, Confirmation and Documentary Collections for exporters across multiple countries.

Correspondent banking services

FAQs

What are Export Services?

ICICI Bank Canada Export Services provide end-to-end support for international trade. This includes Pre-shipment Finance, Bill Negotiation, Export Bill Purchase, Bill Collection, Advising Bank Letter of Credit, Confirmed Letter of Credit and Letter of Credit Discounting, helping exporters manage cash flow, secure payments and reduce risks in global trade.

What are the main benefits?

Export Services ensure timely payments, improve cash flow, reduce foreign bank and country risks, enable efficient receivables management and provide secure LC Advising and Confirmation, making international trade simpler and more reliable.

What is Pre-Shipment Finance?

ICICI Bank Canada provides Export & Pre-Shipment Finance to support goods being manufactured or packed for export. This aligns funding with your trading cycle to ease cash flow and ensure timely credit.

How does Bill Negotiation work?

Bill Negotiation allows export bills drawn under LC to be negotiated. Even if there are discrepancies, negotiations can proceed with authorization from the issuing bank.

What is Export Bill Purchase?

If exports are not covered under Letters of Credit, Export Bill Purchase allows exporters to receive immediate payment of discounted invoices, subject to sanctioned credit limits and presentation of documents before the cut-off time.

How does Bill Collection help exporters?

Through Bill Collection, ICICI Bank Canada manages Documentary Collection activities, providing faster payments, better control over receivables and the options to purchase or discount receivables subject to credit evaluation.

Disclaimer

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