BEST FOR

Supporting import payments through structured short-term financing

  • Financing imports of goods into India

  • Managing cash flows for overseas trade transactions

  • Accessing offshore funding for eligible imports

  • Facilitating trade through bank-to-bank arrangements

Why get it from us?

  • Trade Finance Experience

    ICICI Bank Hong Kong brings strong experience in cross-border trade and structured financing for India-linked transactions.

  • Asia-Focused Presence

    Strategically located in Hong Kong, the Bank supports trade flows between India and key Asian markets.

  • Bank-to-Bank Capability

    Buyer’s Credit services are extended to banks, subject to arrangements, ensuring operational clarity and compliance.

  • Regulatory-Aligned Structuring

    Facilities are structured in line with applicable guidelines governing tenor, usage and eligibility.

About Buyer’s Credit

What is Buyer’s Credit?

Buyer’s Credit is a loan arranged by an importer from a bank or financial institution outside India to finance payment for imports into India.

What is the permitted tenor?

For non-capital goods, the tenor must not exceed 1 year. For capital goods, the tenor must be less than 3 years.

Are there usage restrictions?

Yes. Buyer’s Credit is not permitted for import of services or for merchanting or intermediary trade transactions.

Who can access this facility?

Buyer’s Credit services are extended by ICICI Bank Hong Kong to banks, subject to mutually agreed arrangements.

FAQs

Is Buyer’s Credit allowed for import of services?

No. Buyer’s Credit is permitted only for import of goods and not for import of services.

Can Buyer’s Credit be used for merchanting trade?

No. Buyer’s Credit cannot be extended for merchanting trade or intermediary transactions.

What is the maximum tenor allowed?

The tenor must not exceed 1 year for non-capital goods and must be less than 3 years for capital goods.

Who arranges Buyer’s Credit?

Buyer’s Credit is arranged by the importer through a bank or financial institution outside India.

Does ICICI Bank Hong Kong offer Buyer’s Credit directly to importers?

ICICI Bank Hong Kong extends Buyer’s Credit services to banks, subject to arrangements.

Disclaimer

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