To access the old website
Click Here
Explore 250+ banking
services on Axis Mobile App
Scan to Download
- Current Account
- Pay
- Collect
- Trade
Services
Solution for Exporters
- Debt & Working Capital
24x7 Loans
For MSMEs with turnover up to ₹30 Cr
- Treasury
- Transact Digitally
- Home
- Business Banking
- Solution For Importers
- RA Financing
RA Financing
We enable trade and finance services through dedicated specialists, fast document processing and efficient systems
Apply Now Find Nearest BranchRA Financing for Importers
RA Financing is a form of Trade Credit structure wherein Reimbursing Bank acts as a lender on the basis of the LC, funds the Exporter’s Bank /claiming bank of a trade against a reimbursement claim on sight/ as per LC terms. The LC issuing bank pays back the Reimbursing Bank as per the payment terms.
Features & Benefits
Flexible deals
Seller and buyer can deal on sight basis and negotiate a better deal.
Global funding access
Through this mechanism, Applicant gets access to funding from international markets.
Multi-location financing
Multiple financing locations for the beneficiaries.
Quick processing
Expertise in processing and quick turnaround of transactions.
How it works
Understanding the process can simplify transactions and ensure smoother process. Here’s a step-by-step guide to how it operates
- 01
Buyer approaches our Bank with the requirement of Financing.
- 02
We provide quote from Funding bank to the client.
- 03
Post acceptance of quote by the client, we proceed with Documentation and LC issuance.
- 04
LC is sent to Beneficiary Bank and post shipment by Exporter, documents are sent by Beneficiary Bank to the Issuing Bank.
- 05
Post receipt of Acceptance SWIFT by Issuing Bank, Beneficiary Bank claims funds from the Reimbursing Bank as per the LC terms.
- 06
Reimbursing Bank honours the claim from Beneficiary Bank as per Authorization SWIFT from the Issuing Bank.
- 07
On due date Importer client pays us Principal plus applicable Interest and the same is remitted to Reimbursing Bank.
Disclaimer
Product offering is subject to certain eligibility criteria as per Bank's internal policy and is subject to Bank's discretion
