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In order to promote Trading including Foreign Trade NCCBL shall fulfill its obligation on request by
extending following types of facilities
A. Export Finance
a) Non-Funded
1. Back to Back LC.
2. Accepted Bill for Payment.
b) Funded
1. Pre-Shipment Finance
(i). Export Cash Credit.
(ii). Packing Credit.
(iii). Secured Overdraft (Export).
2. Post- Shipment Finance.
(i). Foreign Documentary Bill Purchase.
B. Import Finance
a) Non-Funded
1. Letter of Credit.
b) Funded
1. Payment against Document (PAD)
2. Loan Trust Receipt (LTR)
3. Loan against Import Merchandise (LIM)
A. Export
a) Non-Funded
1. Back to Back LC
This facility shall be made available on request as Pre Shipment Export Finance. Under this
agreement, the bank finances an export by opening a letter of credit on behalf of the exporter who
has received a letter of credit from the overseas buyer but it is not the actual manufacturers or
producer of the exportable goods. The letter of credit is opened in favor of the actual producer or
supplier within or outside the country. Since the second letter of credit is opened on the strength of,
and backed by, another letter of credit it is called Back-to-Back Letter of Credit.
2. Accepted Bill for Payment
b) Funded
1. Pre-Shipment Finance
i) Export Cash Credit
This facility shall be made available on request as Pre Shipment Finance. On lien of acceptable Export
Orders with the bank/branch, an exporter can avail the facility for procurement of raw materials to be
exported as processed/finished product. As the financing is fraught with inherent risk, NCCBL shall
prefer assigning of Collateral Security as cover against the facility in addition to Export Orders. Bank
will prefer additional/alternate security like Insurance Coverage (ECG) etc. under the facility.