Forfaiting Finance by Authorised Dealers



Forfaiting Finance by Authorised Dealers :




Bank has now permitted the authorised dealers (Banks) to arrange Iorfaiting of medium term export receivables on the same lines as per the scheme of EXIM Bank and many International forfaiting agencies have now become active in Indian market. Forfaiting may be usefully employed as an additional window of export finance particularly for exports to those countries for which normal export credit is not intended by the commercial banks. It must be noted that charges of forfaiting are eventually to be passed on to the ultimate buyer and should, therefore, be so declared on relative export declaration forms.



































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