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BEST FOR

Importers needing safe trade

  • Fast, reliable LCs

  • Simple and easy document handling

  • Secure Bank Guarantees

  • Faster, secure import payments

  • Support for global suppliers

Why get it from us?

  • Customised trade support

    ICICI Bank Canada offers flexible import financing and Bank Guarantees customized to your unique business needs

  • Trusted expertise

    Experience accurate document handling and seamless cross-border trade support.

  • Fast & simple

    Quick LC issuance, efficient collections and timely payments through streamlined systems.

  • Branch support

    Get direct help from our Canada branches with local experts who offer faster service and clear trade guidance.

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About Import Services

Letters of Credit

Import Letters of Credit issued by ICICI Bank Canada give you an advantage with suppliers at competitive rates. Available to businesses with approved credit limits and proper trade documentation.

Documentary Collection

A flexible method to pay suppliers abroad, ensuring accurate handling of bills, invoices and shipping documents. ICICI Bank Canada processes collections efficiently for smooth international trade.

Bank Guarantees

Bank Guarantees are issued on behalf of trade clients for approved purposes. ICICI Bank Canada evaluates credit and ensures timely issuance, giving suppliers confidence and supporting secure transactions.

FAQs

What are Import Services?

Import Services are financial and banking solutions provided by ICICI Bank Canada to help businesses purchase goods from suppliers abroad. They include Letters of Credit, Documentary Collections and Bank Guarantees, ensuring secure payments, smooth document handling and timely delivery of goods. These services simplify international trade while reducing risks and providing confidence to both buyers and suppliers.

What is an Import Letter of Credit (LC)?

An Import LC is a secure payment method in which ICICI Bank Canada assures payment to your supplier, helping you negotiate better terms and maintain trust with international partners.

How does Documentary Collection work?

Documentary Collection is a flexible way to pay suppliers abroad. ICICI Bank Canada handles all shipping and trade documents accurately, ensuring smooth payment processing and safe delivery of goods.

Who can apply for Bank Guarantees?

Businesses with an ICICI Bank Canada account and approved credit limits can apply. Bank Guarantees assure suppliers and partners for approved trade purposes.

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