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80% subsidy (increased from 50%) for your LIS insurance premiums until 31 March 2021.
80% subsidy (increased from 50%) for your LIS insurance premiums until 31 March 2021.
LIS will provide 1 year coverage for your trade finance facilities.
LIS will provide 1 year coverage for your trade finance facilities.
Insurance premium for 1 year coverage will be charged.
The insurance premium will vary according to the trade finance facility size requested and your risk profile.
Borrowers can apply for the LIS to secure short-term trade financing for the purpose of:
Under LIS, the facility limit depends on your risk profile. The maximum limit under EFS Trade is S$10 million per Borrower Group.
The insurance premium will vary according to the trade finance facility size requested as well as your risk profile.
EFS Trade compliments the current LIS by insuring loans which are beyond the capacity of current LIS insurers. The eligibility criteria of EFS Trade is as follows:
Tap on OCBC's reputation to give your seller assurance of payment
Unlock your cash flow and receive financing on your purchases
Unlock your cash flow and receive advance payment for your sales
Alpha Southeast Asia
The Asian Banker
The Asian Banker
