Trade Finance(Import/export) - Bandra, Mumbai, Maharashtra, India - Aluco Glazing

Aluco Glazing
Aluco Glazing
Verified Company
Bandra, Mumbai, Maharashtra, India

3 weeks ago

Deepika Kaur

Posted by:

Deepika Kaur

beBee Recuiter
Description
Checking the import and procurement schedule and Planning for issuance of the L/C after checking the Limits with banks.

Taking quotes and negotiating the extended credit for the Imports from foreign Banks.

Preparing and getting approval of L/C draft from the beneficiary.


Issuance of the L/C from the respective bank in line with approved draft & collecting the swift copy and advices for verifying the charges.


Forwarding the L/C copies to beneficiary with Documentary Instruction & tracking proper follow up with confirming /negotiating bank for advising the L/C's and checking if any amendment called for.


Follow up for the documents from the beneficiary and prompt acceptance of the documents with payment to the beneficiary as per the L/C Term.

Release of documents from L/C issuing bank and Updating of final due date with checking of interest schedule.

Checking on balance availability on due date to Meet L/C liability and release of margin with foreign Exchange booking.


Keeping track of Bill of Entry so that it must be Updated Accordingly in IDPMS (Bank System) to Avoid falling into Caution List.

Coordinating with Purchase, Logistics & EXIM Department with updated information and Schedules of Import

Updating and circulating the Import arrival details With concerned department and staff


EXPORT SIDE
Regular follow up with export department for Advance payment/ Draft L/C approval and collection documents.

Negotiating with banks for adding confirmation And discounting of L/C's.

Checking and scrutinizing export L/C & Collection documents before submitting in the bank.

Checking Draft L/C and providing inputs to amend the necessary clauses to avoid further discrepancies.

Keeping track of export documents dispatched from bank to the correspondent bank by getting courier details from them.

Proper follow up with the bank for export collection received on daily basis.

Preparing necessary documents and forwarding the same to the banks to get the export proceed credit.


Keeping track of Shipping Bill so that it must be updated accordingly in EDPMS (Bank System) to avoid falling into caution list.

Taking care of EBRC so that export licenses must get closed on time.


OTHERS
Preparing documents for outward remittance.

Maintaining healthy and Friendly relationship in the Bank.


Solving queries internally related to finance with Accounts, Export & Insurance team by providing proper proof and advises for the credit and debit in the bank statement.

External Agencies

Other responsibilities as per Management discretion


Pay:
₹300, ₹500,000.00 per year


Experience:

- total work: 1 year (required)

  • Trade finance: 1 year (required)
  • Manufacturing industry: 1 year (required)
  • Import/Export: 1 year (required)

Language:


  • English (required)

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