Guideline for customers for the following Bank Facilities

What are financial  facilities available for import in Banks?

  • How the limits are Structured?
  • What is Loans Against Import (LAI)?
  • What is Pre-shipment/Packing Credits?
  • What is Post Shipment Finance?
  • What is payment under “Reserve” or against “Indemnity”?
  • What is Estimated Cash Risk for Banks?
  • What is Trust Receipt?
  • What is Noting & Protest in Collections?