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
