Export Banking Bills Discounting

Export Banking Bills Discounting
Company:

Viraj Profiles Ltd


Export Banking Bills Discounting

Details of the offer

Apply on Company Website Clicking apply will take you to the companys website

Plan export bills with own banks at least one day in advance.
Check from the Bank about export bill realization of the day
Ensure that the funds are received for any remittance made or SWIFT copies received from the Sales Team or transfer of funds made by any other bank,
Use export documentation module for preparation of export bill set of documents
Sending Export bills to the respective bank and providing information to the Treasury Team to conclude the exchange rate.
Rectify the discrepancy in the document, if pointed out by the Bank
Track original document dispatch to customer by bank immediately after discounting.
Daily tracking of various Bank limits
Submit documents in bank immediately after receipt of Original BL.
Make Packing Credit application and follow up till the Packing Credit is disbursed.
Follow up of RTGS to be done from that Bank
Ensure receipt of all bank advices for discounting, realization, etc. done on the previous day and their entries done in SAP
Ensure that all transactions relating to exports shown in the bank statement of the previous day are posted in SAP
Levy of interest, commission, bank charges should be verified and correctness ensured before posting in SAP.
Each Saturday, open EPC outstanding on SAP Ledger should be matched with outstanding reported by Bank
Each Saturday, open EBD outstanding on SAP Ledger shoud be matched with outstanding reported by Bank and follow up for Overdue Export bills
Extension requests to banks for bills expected to be realised after due dates
After full realisation of the export bills, ensuring EBRCs uploaded by the Bank
Follow up of closure of bills on EDPMS of the Bank
Ensure receipt of monthly GST Invoices from the Bank


Source: Timesjobs


Area:

Requirements

Financial specialist (fp&a) | 9 to 12 years | pune

Job Description Financial Analysis, Budgeting, Forecasting, A Vs. F analysis Monitoring portfolio performance Time compliance: Drive time compliance for...


Maharashtra

Published a month ago

Toppersnotes - operations executive - customer service (1-2 yrs)

Responsibilities : - The primary task of a Confirmation executive is to handle calls from customers or clients and provide them with a solution to their...


Rajasthan

Published a month ago

Inside sales role - it (1-6 yrs)

IT Hardware & Networking Industry- Job Responsibilities : - The candidate will be responsible for selling IT infrastructure related Networking / Security...


New Delhi

Published a month ago

Senior executive/manager - business development - it software (5-9 yrs)

Responsibilities : - Responsible for the early identification and qualification of new business opportunities - Design lead generation strategies - Should...


Maharashtra

Published a month ago