Bilal Trade

8/14/2019 Bilal Trade

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MCB is one of the leading banks of Pakistan with adeposit base of about Rs. 280 billion and totalassets of around Rs.300 billion. Incorporated in1947, MCB soon earned the reputation of a solidand conservative financial institution managed byexpatriate executives. In 1974, MCB wasnationalized along with all other private sectorbanks.

The Bank has a customer base of approximately 4million, a nationwide distribution network of over1,000 branches and over 450 ATMs in the market.

During the last fifteen years, the Bank hasconcentrated on growth through improving servicequality, investment in technology and people,utilizing its extensive branch network, developinga large and stable deposit base

HISTORYHISTORY


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Vision StatementTo be the leading financial services provider,

partnering with our customers for a moreprosperous and secure future.

Mission Statement We are a team of committed professionals,

providing innovative and efficient financialsolutions to create and nurture long-term

relationships with our customers. In doingso, we ensure that our shareholders caninvest with confidence in us.

OUR VISION & MISSIONOUR VISION & MISSION


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LOANSTRADE FINANCE CASH MANAGEMENT INVESTMENT BANKING

CORPORATE FINANCECORPORATE FINANCE


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Under Corporate Banking MCB offers tradefinance services that include an entirerange of import and export activities

including issuing Letters of Credit(L/Cs),purchasing export documents, providingguarantees and other support services.

TRADE FINANCETRADE FINANCE


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1.Imports

2.Exports

3.Remittance

INTERNATIONAL TRADEINTERNATIONAL TRADE


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IMPORT: when we purchase from outside the

country is called imports. we import anything from any country of

the world from where we want.

IMPORTSIMPORTS


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IMPORTING PROCESS


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WHAT IS L/C?

WHAT TYPE OF L/C?

REQUIREMENTS? BILL OF EXCHANGE,INVOICES,

ANY EVIDENCE OF SALE.

HOW IT IS MADE?

LETTER OF CREDIT L/CLETTER OF CREDIT L/C


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IMPORT PRODUCTS


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WHY NEED THIS?

WHAT TYPE OF FINANCE REQUIRED?

FCIFFIM

IMPORT FINANCINGIMPORT FINANCING


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Reason For import of

Eligibility

>MUST be account holder > Nature of Business >Credit worth of customer >Import License

Maximum Amount >Depend on customer goodwill,

worth

FOREIGN CURRENCY IMPORTFOREIGN CURRENCY IMPORTFINANCEFINANCE (FCIF)(FCIF)


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Maximum Period 180 DaysMargin

L+(1.5% to 3%) varySecurity > Any kind which bank

prefer

Insurance



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Repayment Payment received as agreementIn cause of default Less chance of default but otherwise

if default then according to international laws, theydone.



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Reason For import

Eligibility

>MUST be account holder >Nature of Business >Credit worth of customer >Import License

Maximum Amount > No specific limit defined

Finance Against ImportFinance Against ImportMerchandiseMerchandise (FIM)(FIM)


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Maximum Period 180 Days

Mark up

L+(1.5% to 3%) vary

Security merchandise ownership, any other collateral that bank

requiredInsurance yes, bank does but customer charged.



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Repayment Payment received as

agreementIn cause of default Less chance of default but

otherwise if default then according tointernational laws, they done.



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Documents

Bilal Trade