Trade Finance Executive Import Payments & LC

1.Import /other Payments

Verify, prepare and submit documents related to import payment in order to make payments as per FEMA guidelines.

Booking of rates, forward contract /accounting for import payments.

2.Letter of credit

Open and retire LC as per Materials Team requirement in order to get supply of goods on time as per UCP 600.

3.Buyer’s credit Requirements

Documentation of availment and retirement of buyer’s credit taken from Foreign bank in order to fund imports. 

4.CMS reporting/accounting

Check and report collections statements received from bank to finance team in order to take decisions for fund transfer.

MIS on cheque bounce.

Accounting of collections.