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Forms for Commodity Credit Corporation

Forms for Commodity Credit Corporation

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Financing of export trade by banks see financing export trade is important because credit is a must for growth of export rate, so the commercial banks would be giving short-term export finance for exporters which may be in the form of pre-shipment finance and worship in finance and this kind of financing are generally given in local as well as foreign currency this o Bank of India has also brought various measures to improve or to facilitate this finance of export trade by launching gold card scheme for exporters subsidized interest flexible repayment now let us understand what is this pre-shipment finance and poor shipment finance pre-shipment finance is basically a finance which is given in the form of packing credit for manufacturing processing packing and shipping, so this is given to an exporter against a firm export order and irrevocable LC and this has to be liquidated within 180 days, and it is basically a short term credit so what are the types of packing credit that is availa

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