BEST FOR

Supporting businesses with funding requirements before shipment of goods

  • Importers operating under Documentary Credit or Collection terms

  • Traders and intermediaries managing supplier payments

  • Corporates requiring liquidity for procurement and processing of goods

  • Business import under open account arrangement

Things you should know

  • Trust Receipt Loans

    Trust Receipt Loans allow goods to be released to customers while ownership remains with the Bank until the loan is settled.

  • Liquidity Support

    Pre-shipment facilities help bridge the gap between payment for imported goods and receipt of funds from subsequent sales.

  • Credit Period Extension

    These facilities may enable customers to access additional credit periods beyond those offered by suppliers under Documentary Credits or Collections.

About Pre-Shipment Finance

What is Pre-Shipment Finance?

Pre-shipment finance provides funding to businesses before goods are shipped, helping manage procurement and production costs.

What trade instruments are supported?

Facilities support transactions under Documentary Credits, Documentary Collections and Open Account terms.

How does Packing Credit help?

Packing Credit provides short-term funding to meet import working capital needs before shipment.

What is Invoice Financing?

Invoice Financing allows advances based on supplier invoices or shipment evidence, without the use of a Documentary Credit.

FAQs

Can ICICI Bank issue Documentary Credits on a usance basis?

Yes, Documentary Credits can be issued on both sight and usance basis.

Is Back-to-Back Documentary Credit available?

Yes, this facility is available for traders, middlemen and buying agents based on a Master Documentary Credit.

Can goods be released before payment is received?

Yes, Trust Receipt Loans allow goods to be released while ownership remains with the Bank until repayment.

Is financing available for open account imports?

Yes, Invoice Financing facilities are available for imports conducted on open account terms.

Disclaimer

PROCEED