International - Imports

1860 266 2666

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Kotak Mahindra Bank provides a comprehensive range of import related services, helping you cover your trading risks.

  1. Tailor-made solutions to suit all your import needs
  2. Experienced trade finance team that focuses on client requirements
  3. Leverage our global network of correspondent banks
 
  1. We offer our customers import financing services through Letters of Credit (L/C) which are well accepted globally and supported by a strong trade finance setup.
  2. We have correspondent banking arrangements with a large number of banks worldwide for this service. Our trade team is equipped to structure solutions for a variety of purchase requirements, ranging from simple L/Cs to revolving L/Cs, bid bonds, Standby L/Cs and other performance guarantees.

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:

  • Quick turnaround times through smooth document processing
  • Faster payments through constant follow-ups with correspondent banks for timely recovery of funds
  • Cost effectiveness
  • Better reach
  • Excellent trade support
  • Arrangement of credit reports of overseas parties
  • 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.

Our services in this area include:

  1. Payment of direct Import Bills: Processing and remittances for Import Bills directly received by importers in India.
  2. Advance payment towards imports: Processing and remittances towards advance payment for imports.
  3. Other outward remittances like dividend payouts, ECB payments, royalty, shipping, etc.
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