Export

Export

Post-Shipment Finance

Post-shipment Finance is a facility extended to exporters after shipment of goods to bridge the gap between shipment and realization of export proceeds. Central Bank of India offers a range of post-shipment finance options such as export bills purchased, negotiated, discounted, and advances against collection of bills. This facility ensures improved liquidity, timely cash flow, and enables exporters to efficiently manage their working capital requirements.

BENEFITS:

Optimized Cash Flow & Working Capital Support:

Avail timely funding against export receivables to maintain steady cash flow and efficiently meet your working capital, production, and procurement needs.

Cost-Effective & Customized Financing:

Benefit from competitive interest rates along with tailored post-shipment financing solutions designed to suit your specific export requirements and improve profitability.

Risk Protection & Simplified Processing:

Reduce risks of payment delays or defaults in international trade while enjoying a streamlined documentation process for faster and hassle-free financing of export transactions.

FACILITIES AVAILABLE

Export Bills Purchased (EBP) – Sight Export Bills

Export Bills Purchased is a post-shipment finance facility wherein the bank purchases export bills and provides immediate funds to the exporter without waiting for realization from the overseas buyer. Central Bank of India offers this facility to ensure quick liquidity and smooth cash flow for exporters. The advance is adjusted upon receipt of payment from the importer, and interest is charged as per applicable guidelines for the period until realization.

Export Bills Negotiated (EBN) – Under LC

Export Bills Negotiated is a post-shipment finance facility extended against export bills drawn under a Letter of Credit (LC). The bank examines and negotiates documents strictly in compliance with LC terms and provides immediate funds to the exporter. Central Bank of India ensures secure and timely realization of export proceeds, subject to acceptance by the issuing bank.

Export Bills Discounted (EBD) – Usance Bills

Export Bills Discounted is a post-shipment finance facility wherein the bank provides funds against usance export bills before their maturity date. The bill is discounted and immediate funds are released after deducting applicable interest. This helps exporters improve liquidity while awaiting payment from overseas buyers.

Advance Against Collection of Bills (AAC)

Advance Against Collection of Bills provides exporters with timely financial support against export bills sent on a collection basis. It helps maintain liquidity while awaiting payment from overseas buyers. Funds are adjusted upon realization of export proceeds, with interest charged for the utilized period.

Export Bill Rediscounting (EBRD) in Foreign Currency

Export Bill Rediscounting enables exporters to avail funds in foreign currency by rediscounting usance export bills with overseas financial institutions. It provides cost-effective financing at internationally benchmarked rates, improves liquidity, and helps mitigate interest and currency risks.

DOCUMENTS REQUIRED

  • Customer Request Letter with FEMA Declaration
  • Shipping Bill / GR Copy / Softex (in case of software exports)
  • Packing List
  • Commercial Invoice
  • Transport Documents
  • Bill of Exchange