Import Trade Services

What’s in store for you

Trade Services
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About Import Trade Services

Import Trade Services facilitate the seamless acquisition of goods and services from international markets. By leveraging these services, businesses can access the best products and resources worldwide.

Our Service Offerings

Advance Payments:

  • Facilitation of advance payments to overseas suppliers to improve procurement timelines.

Import Bill Collection:

  • Efficient collection services for import bills, ensuring timely payments.

Letter of Credit (LC) Services:

  • Issuance and management of LCs, providing security in international transactions.

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Our Benefits and Charges

Extensive Global Network

  • Facilitate faster and more reliable international payments through a vast network of correspondent banks globally, supporting transactions in 22 currencies.

Key Benefits

Competitive Exchange Rates

  • Access some of the best exchange rates on remittances, helping maximize your cost savings on imports.

Payment Services

Expert Assistance

  • Receive guidance from Certified Trade Specialists at navigating the complexities of international trade, ensuring compliance and efficiency.

Financing Options

Swift Fund Transfers

  • Benefit from same-day crediting of import payments to your supplier’s account, enhancing trust and operational efficiency.

Convenience & Security

Digital Trade Management

  • Manage import documentation, including Advance & Direct Payments and Bills of Entry (BOE) submission, through TradeOnNet - a comprehensive digital portal, streamlining processes and reducing paperwork.

Fees & Charges

Compliance and Security

  • Ensures all transactions comply with UCPDC standards, providing security and reliability in trade dealings.
Most Important Terms & Conditions

Import Credit Facilities

  • Offers tailored credit solutions in both INR and foreign currencies to meet working capital needs. Services designed to mitigate credit, currency, and interest-rate risks associated with import transactions.

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Fees & Charges

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Frequently Asked Questions

To apply for HDFC Bank’s Import Trade Services, visit the nearest HDFC Bank branch or apply online.  You can choose from a range of services, including Import Collection, Import Advances, Import Letters of Credit and Import Direct Payment.

The processing time for an import transaction varies depending on factors like documentation completeness, bank processes and customs clearance.

Yes, you can track the status of your import transaction online using HDFC Bank’s TradeOnNet portal. This platform allows you to manage import and export services, including bill collections, advances and direct payments.