| What is Corporate Credit Channel NON-FUND BASED LIMITS?
Union Bank offers various types of non-fund based limits
Bank Guarantee
- We issue Bank Guarantees on behalf of our customers guaranteeing their performance and also financial obligations.
- We issue domestic BGs and also Foreign BGs
Letters of Credit
- Both domestic LC and Import LC for procurement of goods and/or fixed assets on DA/DP basis are offered.
- At a competitive LC commission
Letters of Comfort for availing the Buyers Credit
- We issue Letters of Comfort to enable our clients to avail Buyers Credit from overseas Banks/FIs for procurement of goods or fixed assets
For further details & financing costs, please contact our nearest Large Corporate Branch
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