To submit a discounting request for an Export LC document, follow these steps:
Step 1: Click on "Trade Services" >> "Export Letter of Credit" >> "EL Inquiry” >> "Search"
- Select the "System ID" of the ELC required
Step 2: Submit the ELC discounting request
- Once System ID is selected
- Click on "Message Type"
- Select "Finance Request" from the dropdown menu
- Select “Tasdeer Loan Type” as Tasdeer Discount
- Fill in the required information and write your instruction or message details under "Customer Instructions."
- Attach files if required under "Add a File."
- Select "Submit"
Note: Discounting will be processed only after getting acceptance of the documents from the other bank