2.7.4 Detailed Coverage (description of the product)
CODE | ELNR,CLCA ELAR ,ELAT | SBLA | GUAD |
---|---|---|---|
DESC |
Export LC Non Revolving Clean LC Advising Export LC Advising (Receiving MT710) Export LC advice through Bank |
Stand by LC Advising |
Guarantee Advising
|
TYPE | EXPORT | EXPORT | EXPORT |
Revolving | N | N | N |
Tenor | |||
Standard | 90 | 90 | 90 |
Minimum | 30 | 30 | 30 |
Maximum | 360 | 360 | 360 |
Tolerance Percentage | |||
Positive | NA | NA | NA |
Negative | NA | NA | NA |
Exchange Rate Related Details | |||
Default Rate Type | Standard | Standard | Standard |
Rate Override Limit | 3 | 3 | 3 |
Rate Stop Limit | 10 | 10 | 10 |
Other Preferences | |||
Collateral Percentage | NA | NA | NA |
Period of Presentation | NA | NA | NA |
Applicable Rules | UCP LATEST VERSION | ISP LATEST VERSION | URDG |
Confirmation Required | NO | No | No |