CUB’s Export Oriented Credit and Allied Services to MSMEs
Packing Credit (INR / Foreign currency)
  • Exporters can avail packing credit facility in Indian Rupee or foreign currency against firm order / LC at a competitive rate of interest for procuring, manufacturing goods meant for exports subject to conditions specified by the Bank

Post Shipment Credit (INR / Foreign currency)
  • Exporters can avail post shipment facility in Indian Rupee or Foreign Currency against bills drawn on overseas buyer in the form of bill discount / purchase / negotiation at competitive rate of interest and exchange rate subject to conditions specified by the Bank

Bill Collection
  • Exporters can submit bills on collection basis for faster realisation of export proceeds at competitive exchange rates and charges
Export Advance Remitances
  • Exporters can receive export advance remittances from their overseas buyers through wire transfer for faster credit of funds at competitive exchange rates and charges

Bank Guarantees
  • Exporters can avail bank guarantee facility in favour of overseas buyer towards advance remittance for exports or performance under export contract

Last Updated on: 12-07-2022 11:27:17 PM

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