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U C O B A N K
US DOLLARS US DOLLARS Selling : 1.2995 - Buying : 1.2840
STERLING POUNDS STERLING POUNDS Selling : 1.7535 - Buying : 1.7145
AUSTRALIAN DOLLARS AUSTRALIAN DOLLARS Selling : 0.9095 - Buying : 0.8850
CANADIAN DOLLARS CANADIAN DOLLARS Selling : 0.9245 - Buying : 0.9000
EURO EURO Selling : 1.4965 - Buying : 1.4595
INDIAN RUPEES INDIAN RUPEES Selling : 1.4100 - Buying : 1.3000
HONGKONG DOLLARS HONGKONG DOLLARS Selling : 16.7500 - Buying : 16.2000
JAPANESE YEN JAPANESE YEN Selling : 0.8060 - Buying : 0.7900
US DOLLARS US DOLLARS Selling : 1.2995 - Buying : 1.2840
STERLING POUNDS STERLING POUNDS Selling : 1.7535 - Buying : 1.7145
AUSTRALIAN DOLLARS AUSTRALIAN DOLLARS Selling : 0.9095 - Buying : 0.8850
CANADIAN DOLLARS CANADIAN DOLLARS Selling : 0.9245 - Buying : 0.9000
EURO EURO Selling : 1.4965 - Buying : 1.4595
INDIAN RUPEES INDIAN RUPEES Selling : 1.4100 - Buying : 1.3000
HONGKONG DOLLARS HONGKONG DOLLARS Selling : 16.7500 - Buying : 16.2000
JAPANESE YEN JAPANESE YEN Selling : 0.8060 - Buying : 0.7900
Rates Tender

Imports

Imports

Discounting of bill under letters of credit issued by various banks of good market standing as per Banker's Almanac - for customers.

Purchase of bills for those customers where Limits are sanctioned.

Sending bills on collection basis for customers to various banks.

Types of Facilities for Exports

Negotiation of Bills under L/C

UCO Bank is active in negotiation/discounting of sight / usance international export bills under L/Cs opened by foreign banks as well as branches of Indian banks abroad. UCO Bank offers the most competitive rates. These transactions are undertaken by our branches within the Bank/Country Exposure ceilings prescribed by UCO Bank.

Export Bill Rediscounting

UCO Bank provides financing of export by way of discounting of export bills, as a post shipment finance to the exporters at competitive international rate of interest. This facility is available in four currencies i.e. US$, Pound Sterling, Euro and JPY. Exporters can avail this facility from UCO Bank to cover the bills drawn under L/C as well as other export bills.

Bank Guarantees

UCO Bank, on behalf of exporter constituents, issues guarantees in favour of beneficiaries abroad. The guarantees may be Performance and Financial. For Indian exporters, guarantees are issued in compliance to RBI guidelines.

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