BANK SELECTION FOR EXIM?
Best banks for EXIM BUSINESS?
YOU have to ask these questions?
1. Inward Remittance Charges?
When you exports then your payment will receive in your bank in that country currency. Then what are the charges to convert that currency?
2. Outward Remittance Charges?
When you send the money to other country for import trade then what will be the charges?
3. CURRENT ACCOUNT OPENING FOR EXIM BUSINESS?
Initially Simple current account should open. Then ask what are the charges?
4. L.C. OPENING CHARGES ?
Ask for charges for LC Opning? Compare with different banks. Export business is simple.
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