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ESAF Small Finance Bank authorized with an AD Category-I license

ESAF Small Finance Bank authorized with an AD Category-I license

Kochi: ESAF Small Finance Bank has been authorized with an AD Category-I license by the Reserve Bank of India. This license empowers ESAF Small Finance Bank to provide an extensive range of Foreign Exchange services to its customers. Such services encompass the acceptance of Foreign Currency deposits, lending in foreign currency, and facilitating cross-border remittance for all approved purposes, such as trade, family maintenance, gift, donation, etc. Additionally, the bank can manage export and import documents for its clients and offer export credit (both pre-shipment and post-shipment) and import LCs

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