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The stipulation regarding liquidation of PCFC by payment in foreign exchange will be met in such cases not by negotiation of export documents but by transfer of foreign exchange from the banker of the receiver EOU/EPZ/SEZ unit to the banker of supplier EOU/EPZ/SEZ unit.
Thus, there will not normally be any post-shipment credit in the transaction from the supplier EOU/EPZ/ SEZ unit’s point of view.
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(Jim) Straw - Self-liquidating (Arbitrage) Loans [1 ebook - PDF]| Size : 398.07 k B About J. (Jim) Straw He made millions over the course of his life...
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Customer service has been amazingly supportive and made the whole thing clear and easy to understand. My own home bank declined me for a line of credit because of what I earn.
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