TO THE ORDER OF UCO BANK

Entity Type: Bank (Financial Institution)

Business Nature: This entity is a banking institution, not a factory or a trading company. In the context of international trade documents (such as Bills of Lading or Letters of Credit), the phrase TO THE ORDER OF UCO BANK indicates that the bank is the consignee or the entity holding the title to the goods as a security measure for trade financing. UCO Bank is a major Indian public sector bank that facilitates international trade transactions between Iran and India, primarily handling payments for oil imports and other bilateral trade. It does not engage in the manufacturing or direct commercial trading of goods.

UCO Bank is a commercial bank based in India, not an Iranian manufacturing company. In international trade documents, the phrase TO THE ORDER OF UCO BANK typically indicates that the bank is the consignee or the entity holding the title to the goods under a Letter of Credit or a Bill of Lading, rather than the producer or seller of the products.

Therefore, UCO Bank does not produce or sell any industrial or commercial goods. It provides financial services, including:

1. Corporate Banking

2. Retail Banking

3. Trade Finance Services

4. International Banking Services

5. Foreign Exchange Services

6. Loans and Credit Facilities

7. Deposit and Investment Products