Page 109 - DMGT546_INTERNATIONAL_TRADE_PROCEDURE_AND_DOCUMENTATION

International Trade Procedures and Documentation

Notes Exporters can showcase their products on the website through on-line catalogue and premium
listings. This way, ECGC is also helping exporters in India to market their products to buyers
across the world.
The major benefits offered by ECGC to the Indian exporters can be summarised as:
(i) Offers insurance protection to exporters against payment risks.

(ii) Makes it easy for Indian exporters to obtain export finance from banks/financial institutions.
(iii) Makes available information to exporters on different countries with its own credit ratings.
(iv) Provides information to exporters in India on credit-worthiness of foreign importers.
(v) Provides guidance to Indian exporters in export-related activities.

(vi) Helps exporters in recovering bad debts.
ECGC Products and Services: The various offerings of ECGC are:

1. Credit Insurance Policies
SCR or Standard policy
Turnover policy

Small Exporter’s policy
Specific Shipment policy short-term
Buyer-wise policy short-term

Consignment Exports policy
Buyer Exposure policies
IT-Enabled Services (Specific Customer) policies
Insurance cover for buyer’s credit and line of credit

2. Guarantees to Banks
Packing Credit Guarantee
Export Production Finance Guarantee

Post Shipment Credit Guarantee
Export Finance Guarantee
Export Performance Guarantee

Export Finance (Overseas Lending) Guarantee
3. Maturity Factoring
4. Special Schemes

Transfer Guarantee
Overseas Investment Insurance
Exchange Fluctuations Risk Cover
Constructions Work Policy

Specific Policy for Supply Contract

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