International - Exports

1860 266 2666

Local call rates apply

Kotak Mahindra Bank provides a wide range of export related services, assisting the growth of your organization into the overseas market.

  1. Tailor-made solutions to suit all your export needs
  2. Experienced trade finance team that focuses on client requirements
  3. Leverage our global network of correspondent banks
 

We have a strong, experienced trade finance team that focuses on client trade-related requirements, whether domestic or international. This team advises and guides clients on documentation and transactions ensuring:

  1. Quick turnaround times through smooth document processing
  2. Faster payments through constant follow-ups with correspondent banks for timely recovery of funds
  3. Cost effectiveness
  4. Better reach
  5. Excellent trade support
  6. Arrangement of credit reports of overseas parties
  7. Specialised advice on international trade related issues as well as technical issues such as ECM requirements, RBI reporting, new circulars and international developments

We have developed a global network of correspondent banks that enables us to handle large volume collection portfolios. We offer world-class facilities for handling collections related to international trade.

We also handle documents where proceeds have been received by the exporter on an advance payment basis and the actual shipment takes place later. In such cases, the documents need to be accompanied with a Foreign Inward Remittance Certificate (FIRC) as proof of receipt of the advance payment.

Pre-Shipment Credit

We offer pre-shipment credit to exporters by way of packing credit, enabling them to finance operations like purchase/import of raw materials or processing and packing of export goods.

Exporters can avail of this pre-shipment credit either in rupees or foreign currency.

Post-Shipment Credit

We offer post-shipment credit to exporters, helping them finance export sales receivable for the time lag between shipment of goods and date of realization of export proceeds. Exporters can avail of the following services:

  1. Negotiation/ payment/ acceptance of export documents under letter of credit
  2. Purchase/ discount of export documents under confirmed orders/export contracts etc.
  3. Advances against export bills sent on collection basis
  4. Advances against exports on consignment basis
  5. Advances against undrawn balance on exports
  6. Advances against approved deemed exports
  7. Exporters can avail of this post-shipment credit either in rupees or foreign currency

We facilitate Foreign Inward Remittance (foreign exchange received by a person in India through banking channels) and offer convenient modes of operations for quick and easy disbursement.

The facility is extended through arrangements with reputed, correspondent banks located in most countries around the world.

Register for Alerts & Services
Apply for Products
Tools & Calculators