Import LC/SKBDN Financing (UPAS/UPAU)

Import LC/SKBDN Financing (ILF) is a further development of LC/SKBDN where Danamon can offer more competitive prices with several alternative funding sources. ILF consists of:

1. Usance Payable at Sight (UPAS)
   ILF financing where the Seller receives payment at Sight while Buyer can pay LC/SKBDN at Usance tenor written in the LC/SKBDN.
2. Usance Payable at Usance (UPAU)
   ILF financing where the Seller receives payment on Usance tenor.

Required Documents:

1. Required initiation documents.
2. Trade Financing Request Form.
 

Obtain alternative extension of the payment period on the transaction using LC/ SKBDN method:

• Certainty in obtaining documents at payment due date.
• Payment is only made if document is clean.
• Financing certainty for issued LC/SKBDN