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
