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
- Corporate
- Corporate Credit
- Negotiation of Foreign Bills under LC (LCBN)
Negotiation of Foreign Bills under LC
Exporters or suppliers selling under Letters of Credit (LC) arrangement can utilise Axis Bank’s LCBN facility to realise their receivables earlier than the actual due date. This is a post-shipment form of credit, meaning, the bills can be negotiated after the goods have been shipped.
Features & Benefits
Immediate cash flow
This process allows exporters to get paid for their goods before the due date. It helps corporates to avail funds immediately after shipment.
Helps manage funding gaps
Immediate cash flow addresses funding gaps in a corporate’s cash flow cycle, helping them manage their working capital.
Digital process
Quick processing and hassle-free documentation through a completely digital journey.
Related Products
Cash Management Services
.jpg)
- Get benefited from Axis ‘s global Insight & Treasury expertise to hedge your currency/ interest rate risks
Buyer's Credit
- Short-term working capital loan for the Indian Importer
Easypay Online & Branch
- Validated collections via multiple online modes & 4500+ Branches
