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CHAPTER 4 RESHIPMENT FINANCECHAPTER 4 RESHIPMENT FINANCE INDEX Para NoTOPIC4Introduction4Packing Credit (PC) : Eligibility4Preshipment credit to Diamond Exporters Conflict541411Page Diamonds & Sierra
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What is pre-shipment finance?
Pre-shipment finance is a type of funding provided to exporters by financial institutions to help cover the costs of producing and shipping goods before they are sent to buyers.
Who is required to file pre-shipment finance?
Exporters or sellers who need financial assistance to fulfill an export order may apply for pre-shipment finance.
How to fill out pre-shipment finance?
To fill out pre-shipment finance, exporters need to submit an application to a financial institution with details of the export order, production costs, shipping costs, and expected profit margins.
What is the purpose of pre-shipment finance?
The purpose of pre-shipment finance is to provide exporters with the necessary funds to produce and ship goods to buyers without experiencing cash flow problems.
What information must be reported on pre-shipment finance?
Information such as the export order details, production costs, shipping costs, expected profit margins, and repayment terms must be reported on pre-shipment finance.
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