Page 101 - DMGT546_INTERNATIONAL_TRADE_PROCEDURE_AND_DOCUMENTATION

International Trade Procedures and Documentation

Notes The Bank provides the following fund based facilities:
Lines of Credit: Exim Bank extends lines of credit to overseas governments/agencies
nominated by them or financial institutions overseas to enable buyers in those countries
to import capital/engineering goods, industrial manufactures and related services from
India on deferred payment terms. This facility enables importers in those countries to
import from India on deferred credit terms as per the terms and conditions already
negotiated between Exim Bank and the overseas agency.

Figure 5.2: Lines of Credit

Supplier’s Credit: Exim Bank offers Supplier’s Credit in Rupees or in Foreign Currency at
post-shipment stage to finance export of eligible goods and services on deferred payment
terms. Supplier’s Credit is available both for supply contracts as well as project exports;
the latter includes construction, turnkey or consultancy contracts undertaken overseas.
Exporters can seek Supplier’s Credit in Rupees/Foreign Currency from Exim Bank in
respect of export contracts on deferred payment terms irrespective of value of export
contracts.
Figure 5.3: Supplier’s Credit

Overseas Buyer’s Credit: Credit is offered directly to the overseas buyer for a specific
project/ contract.

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