Drawing Power

Drawing Power generally addressed as “DP” is an important concept for Cash Credit (CC) facility availed from banks and financial institutions. Drawing power is the limit up to which …

Packing Credit

1Packing credit is the most commonly used trade finance tool by an exporter. Packing credit or pre-shipment finance is very important to small and medium enterprises for their financing …

Letter of Credit

A letter of credit (LC) is a financial document that facilitates international as well as domestic trade. It substitutes the bank credit for the credit of the customer. There …