Importer s Payment by Bank Draft-Importer Request Extension of the Tenor of Draft

Importer’s Payment by Bank Draft is a product that allows importers to request an extension of the tenor of their draft. Its key features include flexibility in payment terms, improved cash flow management, and reduced financial strain on importers. The benefits of this product include increased convenience, enhanced negotiation power, and minimized risk of default. Its unique selling points lie in its ability to provide importers with greater control over their payment obligations and the opportunity to optimize their financial resources.