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Export Finance

Pre-shipment finance

Credit facility extended towards expenses required prior to shipment of goods/ rendering of services to meet the cost of purchase, processing, manufacturing or packing, transportation and warehousing of goods meant for export/ working capital expenses towards rendering of services is called Pre-shipment finance, also popularly known as Export Packing Credit (EPC).

Post-shipment credit

Loan or advance granted or any other credit provided by the Bank to an exporter of goods/services from South Africa from the date of extending the credit after shipment of the goods/rendering of services to the date of realisation of the sale proceeds

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