HAB eBanking

Banking activity

Export Reimbursement Processing

HAB offers Export Reimbursement Claim processing for the U.S. Dollar denominated L/Cs negotiated by our correspondent banks. We process these claims in a highly efficient manner and ensure that the proceeds are credited to the correspondent bank’s account within 72 hours. In case the paying bank, due to any reason does not honor the claim, we will convey the reason to our correspondent banks immediately. This service frees up our correspondent banks from having in place a testing/authenticating arrangement with banks in New York. We will track the claim until it is paid or denied.