Empowering your exports with financial ease

ITFS will help exporter to bridge out credit gap by providing low cost financing in a very secure network through its digital platform.

Multiple Financier

Financiers across the globe with choice of financing currency

Price Discovery

Auctioning mechanism from multiple Financiers will provide lower cost

Faster Processing

Simple, smart and digital process to ensure faster onboarding and payment

How it works

ITFS enables a seamless process of financing on its digital platform. The paperless journey on platform starts with uploading of invoice and other documents evidencing exports.

01

Uploading of Invoice

Exporters can upload  invoice and other supporting documents to create a Trade Factoring Unit 

02

Acceptance by Buyer

The Trade Factoring Unit can be accepted by the Importer 

03

Financing

Acceptance of bid secures your  quick payment

Wide Range of Products for Exporter

For more details please drop an email  info@rxilglobal.com 

01.

Pre-shipment financing

Credit to Exporters for sourcing, manufacture or conversion of raw materials or semi-finished goods into finished goods

02.

Post- shipment financing

Exporters can utilize a line of credit over and above bank facility to support growing overseas business.

03.

Export Factoring

Exporters can avail collateral free without recourse financing to efficiently manage their cash flows

04.

Import Factoring

Solution to support procurement by covering the default risk of the importer

FAQ

Most frequent questions and answers

Seamless onboarding process to address all your trade financing requirement.

1.  Application and master agreement

2. Statutory and Financials

3. KYC and Bank Details

Request to mail your onboarding details at operations@rxilglobal.com

All suppliers are eligible to participate on ITFS Platform .

The ITFS platform will follow standard set of rules to conduct due diligence with respect to KYC, AML, CFT and other requirements for onboarding.

All the participants intending to register on the ITFS platform will need to pay one-time non-refundable Registration Fee at the time of registration. RXIL GLOBAL reserves right to withhold transaction rights of entities which have not remitted fees.

 

The documents (as applicable but not limited to the below) to be uploaded on the platform by the Importer/Exporter : 

  • Purchase Order
  • Invoice 
  • Bill of Lading / Airway Bill / Charterparty Bill of Lading / etc 
  • Packing list
  • Insurance
  • Certificate of Origin
  • Inspection Certificate

ITFS platform provides the flexibility for either the Seller or the Buyer to bear the interest cost. The interest obligation for financing of trade factoring units is accordingly calculated by the ITFS platform.

The grievances can be sent to:

Nodal Officer, RXIL Global IFSC Limited, Unit No. 419/Cabin No. 5, 4th floor, Pragya Building No. 15A, Road 11, Zone 1, Gift City, Gandhinagar, Gujarat 382355

Email id: info@rxilglobal.com

Want to know more and book a Demo?

Call us on (022) 6903-3000 to simply book an appointment