Introduction of Exports

August 20, 2017 | Author: Mandar Bhalekar | Category: Letter Of Credit, Reserve Bank Of India, Credit (Finance), Foreign Exchange Reserves, Exports
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?OBIECTIVES OF EXPORT FINANCE?? ?

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FORºS/ºETHODS OF POST SHIPºENT FINANCE ??

r Export bills negotiated under L/C?? 2) Purchase of export bills drawn under confirmed contracts?? 3) Advance against bills under collection?? 4) Advance against claims of Duty Drawback (DBK)?? 5) Advance against Deferred payments?? ??

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DEFINITION: ? ????????%*      èan undertaking by importer͛s bank stating that payment will be made to the exporter if the required documents are presented to the bank within the validity of the L/C͟. ?? ?

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Concept of Export Finance??

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SOºE SCHEºES IN PRE-SHIPºENT STAGE OF FINANCE ?? ?? ?

PACKING CREDIT?

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FOREIGN CURRENCY PRE-SHIPºENT CREDIT (FCPC)?? PACKING CREDIT??

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