Corporate & Institutional Clients

Loans

Loans
Short term Money Market loan

It provides either committed or uncommitted lines as flexible form of borrowing to finance day- to-day cash flow requirements generated for normal business activity. This is not intended for financing long term borrowing needs.

Drawing Against Uncleared Effects

For funds drawn on customer’s account against cheques (normally in local currency) deposited to the same account but not yet processed and cleared through the cheque clearing system. Repayment will be automatic through the clearance of uncleared cheques.

Overdraft

A revolving facility repayable on Demand, made available in connection with a current account.

Intra-day Overdraft

This is a liquidity line granted for financial institutions and corporates where the client is allowed to overdraw their account during the course of the day with repayment at the end of that business day.

Term Loan

A structured form of borrowing intended to finance specific transactions, usually specific assets and the funding requirements that this generates. These are intended for financing longer term borrowing requirements as opposed to overdrafts that are for the financing of short term working capital needs.

Revolving Term Loan

Term loan, where drawings can be made and repaid throughout the period of the facility. No drawings can exceed the final maturity date.

Bridging Loans

A structured form of borrowing intended to finance transactions dependent upon a clear, reliable and identifiable source of repayment, usually the sale of assets. They are intended for financing term borrowing requirements as opposed to overdrafts that are for financing of short term working capital requirements.

Financial Markets

Financial Markets
FX Spot

SCB Nepal holds nostros in various foreign currencies and offers exchange facilities (buy/sell) for the same.

FX Forward

A Foreign exchange transaction that involves the buying and selling of one currency against another at an agreed rate of exchange and amount, with physical delivery of the two currencies on an agreed date, or within a pre-determined period in future.

FX Option (Vanilla)

A derivative instrument of generic Spot and forward foreign exchange. This gives clients added flexibility when managing foreign exchange risk (to capitalize on appreciation), for hedging.

Straight to Bank Exchange (S2Bx)/ Single Dealer Platform (SDP)

A Foreign Exchange trading platform offered to Bank clients to trade on G10 spot, swap, outright and also NDF deals.

Money Market

Fixed Deposit placements offered to all clients (in Nepalese rupees/US Dollars/GBP/EUR) for various tenors.

Transaction Banking

Cash Management
Payments
  • Cross Border Payments
    • Telegraphic Transfers.
    • International Bank Cheques/Drafts.
    • Quick Payment Services to Beneficiaries in India (RTGS/NEFT).
  • Domestic Payments
    • Local Bank Transfers (IPS/RTGS)
    • Book Transfers-24X7
    • Bulk Payroll Processing
    • Local Bank cheques /drafts/Cashier’s order.
  • Client Access/Connectivity
    • Web Based S2B Channels
    • ERP Integration with banks system through dedicated Host to Host connectivity/API  for payments, reporting, reconciliation
Collections
  • Domestic Collections through ConnectIPS
  • INR Collections through Virtual Accounts
  • Domestic Collections through Virtual Accounts
  • Extensive Clearing Network: our own branch network complemented by correspondent Bank’s network.
  • Guaranteed Credit: Standard Chartered Bank Nepal limited can arrange for guaranteed credit (subject to prior agreement) for cheque collections.
  • Doorstep Banking for collection of Cash & Cheques
  • Comprehensive MIS
Trade Solutions
Imports
  • Letter of Credit.
  • Import Bills for Collection (DAP/DAA).
  • Shipping Guarantees (Delivery Order).
  • Advance Payment (TT)
  • Import Financing (Loan Against Trust Receipt/Import Loans).
  • Import Invoice Financing.
Guarantees
  • Bid Bond
  • Performance Bond
  • Advance Payment Bond
  • Retention Bond
  • Customs Gtees
Exports
  • Letter of Credit advising.
  • Letter of Credit Collection.
  • Letter of Credit Negotiation (CBN).
  • Letter of Credit Confirmation.
  • Pre-shipment export Financing.
  • Post-shipment export Financing
  • Export Bills for collection.
  • Supply Chain Financing (Buyer Financing).
  • Letter of Credit Reimbursements.
Client Access/Connectivity
Client Access/Connectivity
  • Web Based S2B Channels
  • ERP Integration with banks system through dedicated Host to Host connectivity/API  for payments, reporting, reconciliation

Disclaimer

This is to inform that by clicking on the hyperlink, you will be leaving www.sc.com/np and entering a website operated by other parties:

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

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