• In addition to its financing programs in the field of export, EDBI- seeking its goal of overseas trade promotion- also offers facilities to Iranian importers of import of raw materials, intermediary and capital goods through lines of credit extended by some reputable banks in Asia and Europe.

      Import Financing Scheme

      Import Financing Scheme

      In addition to its financing programs in the field of export, EDBI- seeking its goal of overseas trade promotion- also offers facilities to Iranian importers of import of raw materials, intermediary and capital goods through lines of credit extended by some reputable banks in Asia and Europe. Utilizing the facility based on the mechanism of deferred payment, the Iranian importers will enjoy a strengthened purchasing power.
      To this end, the bank having granted the credit line, will disburse in cash the invoice value to the foreign exporter upon receipt of shipping documents complying with the relevant L/C’s terms and conditions. The importer, on the other hand, will repay the principal and accrued interest in maturity.
      The terms of captioned facility are present as follows:
      Repayment period: up to 12 months
      Fee: 2 % + interest payable to Foreign Banks
      Payment instrument: letter of credit

      مطالب مرتبط
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