Scribd Logo
Upload

Welcome to Scribd!

  • UPAS Model Flow

    Uploaded by

    Yash Kumar Vyas
    7 views1 page
    How Usance Payable at Sight (UPAS Model) works

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    How Usance Payable at Sight (UPAS Model) works

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    7 views1 page

    UPAS Model Flow

    Uploaded by

    Yash Kumar Vyas
    How Usance Payable at Sight (UPAS Model) works

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    UPAS – Usance Payable at Sight

    2. Discounting of LC on day one at competitive rate 3. Issuing Bank Paying Negotiating Bank on Maturity

    360tf Partner Banks

    Finance Mediator
    Exporter Bank Company / Client Banker /
    Issuing Bank

    Company / Client Company / Client


    1. Exporter Releases Shipment
    against Import LC
    Exporter
    Company / Client can move away from Corporate Risk
    Day 0 based funding products like TR and use Bank Risk Day 90
    based products like LC to secure cheaper financing for
    the same tenor

    You might also like