Trust Receipt - An Overview

Introduction

Trust receipts, is the form of financing like other credits. The bank extends credit in the form of trust receipts credit limits. The bank issues a letter of indemnity to release a shipment on the trust worthiness of a customer.

Feature Highlights

4 The trust receipt loan interest rates, with effective from and to dates

4 The trust receipt loan extension dates

4 The trust receipt loan redemption details

List of Activities

Go to Activity…	For…
Maintain Trust Receipt Loan Rates	Maintaining interest rates for the trust receipt credit loan
Record Trust Receipt Extensions	Recording the extension of repayment date of the trust receipt credit
Record Trust Receipt Redemptions	Recording the repayment of the trust receipt credit
View Trust Receipt Redemption	Viewing the repayment details of the trust receipt credit
Set Function Parameters	Setting the parameters for operating trust receipt credit
View Function Parameters	Viewing the parameter for operating trust receipt credit