What are the different form of Export Finance?

Answer:

Exporters requires financial services at different stages

1.      Pre-shipment Credit

a)     Export Cash Credit (Hypo)

b)     Export Cash Credit (pledge)

c)     Export credit against Trust Receipt

d)     Packing Credit (PC)

e)     Back to Back Credit

f)      Advance against Red clause L/C

2.      Post Shipment Credit

                                                                                                              i.      Negotiation of Document under L/C

                                                                                                           ii.      Purchase of D/P & D/A Bills

                                                                                                         iii.      Advance against Bills for collection