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Import Services

ICICI Bank offers comprehensive range of Import services. As a valued client of ICICI Bank New York Branch, you will be partnering with a trusted banking institution that is highly respected in the world of international finance and cross border transactions. Through our expertise and experience, we can offer a range of products to facilitate your business requirements.

Import Collection Bill Services
Documentary Collections are a common and flexible method of payment for goods purchased from your suppliers abroad. Although relatively simple in principle, they require careful and accurate attention to bills of exchange, stamping requirements on bill of exchange, bills of lading and other documents. As an ICICI Bank New York Branch customer you can rely on our expertise in efficient and prompt handling of your Import collection documents

Direct Import Bills
Receive import documents directly from your overseas supplier for quick and efficient settlement of your direct imports.

Advance Payment towards Imports
Whenever you want to make any advance payment to your supplier overseas, we at ICICI Bank New York Branch can assist you in efficient and faster remittance at competitive rates.

Letter of Credit
We issue Letters of Credit on your behalf that give you the advantage with your suppliers. Letter of Credit issuance is based on credit evaluation meeting the bank's criteria. We are sure that the companies you do business with have impeccable credentials.

Import Financing
ICICI Bank's Import Finance services provide you with structured and customized solutions that draw upon our expertise and experience in the world of international finance and cross-border transactions.
Arrange for short-term credit – Buyers’ Credit / Suppliers’ Credit
Provide competitive financing of imports
Negotiate with overseas banks for better rates
Advance payment for imports