No. Banks will send the documents to overseas branches/ correspondents. However, they may dispatch shipping documents direct to the consignees or their agents resident in the country of final destination of goods in cases where

i) Advance payment or an irrevocable letter of credit has been received for the full value of the export shipment and the underlying sale contract or letter of credit provides for dispatch of documents direct to the consignee or his agent resident in the country of final destination of goods.

ii) The banks may also accede to the request of the exporter provided the exporter is a regular customer and the bank is satisfied, on the basis of standing and track record of the exporter and arrangements have been made for realisation of export proceeds. 

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