Global Trade, Simplified

Custom Trade Finance services by IDFC FIRST Bank IBU GIFT City

Trade Finance Overview

Global commerce is facilitated by international trade finance, which provides financial solutions tailored to meet unique needs of importers and exporters. IDFC FIRST Bank IBU GIFT City offers a wide range of Trade Finance services to facilitate seamless business transactions. This allows importers and exporters to trade with their suppliers and customers across the globe while minimising risks. Read more

Buyers Credit

In India, Buyers' Credit is a form of loan provided by foreign or overseas lenders to cover import costs. They are intended to support corporate clients' working capital needs. IDFC FIRST Bank IBU in GIFT City offers competitive rates for Buyer's Credit funding for our importer corporate clients at competitive rates.

Buyers Credit Features & benefits

Avail extended credit terms at competitive interest rates

Quick and efficient service at IDFC FIRST Bank's GIFT City Branch

Address working capital gaps

Financial flexibility and risk mitigation

Suppliers Credit

Supplier's Credit is a credit arrangement provided to an importer for importing goods into India from a foreign or overseas supplier. It is against a Letter of Credit issued by the importer's bank. This arrangement provided by IDFC FIRST Bank IBU in GIFT City enables the importer to benefit from extended payment terms and affordable financing from an overseas bank.

Suppliers Credit Features & Benefits

Negotiate better business arrangements with suppliers

Avail cheaper means of financing capital/non-capital goods purchase

Avail extended credit periods

Enjoy flexible cashflow

Reimbursement Financing

In reimbursement financing, a Reimbursing Bank acts as a lender, funding import transactions by making immediate payments upon receiving reimbursement claims from the nominated/negotiating bank. As per URR 725, the overseas supplier is guaranteed payment upon submitting compliant credit documents. A letter of credit issued by the importer bank in India is used to guarantee payment.

Reimbursement Financing Features & Benefits

Avail extended credit terms at competitive interest rates

Quick and efficient service at IDFC FIRST Bank's GIFT City IBU

Address working capital gaps

Immediate payment assurance and minimized risk

Trade Finance FAQs

Which currencies are supported for transactions and remittances?

Transactions are currently offered in USD and EUR. Please note that remittances are restricted to the specific currency of your account at this time.

What is the daily cut off time for request processing?

Requests received by 3:00 PM IST will be processed on the same working day. Any requests submitted after this time will be handled on the following business day.