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Forfaiting agency - PowerPoint PPT Presentation

FORFAITING It is a mechanism of financing Exports By discounting Export Receivables

FORFAITING It is a mechanism of financing Exports By discounting Export Receivables Evidenced by Bill of Exchange Without recourse to the Exporter On a fixed rate basis Upto 100 % of Contract Value. Major Conditions Contract in Major Currencies e.g. US $, Deutsche Mark,

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Forfaiting agency - PowerPoint PPT Presentation

FORFAITING It is a mechanism of financing Exports By discounting Export Receivables