ON
ICICI BANK
FOR
INTERNATIONAL MARKETING
BY
NAME
ROLL NO
VIKAS DUSA
14
NAGESHRI KARHADE
29
PRATIMA PATIL
98
SUPRIYA PAWAR
100
DEEPIKA SHETTY
110
SUBMITTED
TO
PROF. HEMA DEOGHARKAR
ICICI BANK SURVEY
ICICI Bank provides vital services to help focus on business and compete in global markets. Trade services strengthen business relationships by ensuring reliability and speed in business documentation and payments. Global Trade offers outstanding opportunities to sell & source products in a complex & fast changing landscape. Whether you are an exporter or an importer, ICICI Bank has the right expertise and services to help improve earnings & develop opportunities in the Global market place. ICICI specialise in forex services & currency risk hedging, documentary collection & credit, bank guarantee, export & import finance to provide personalised services through our dedicated & experienced Relationship Managers
1. What are the steps for getting foreign project finance?
Pre Shipment Finance is issued by a financial institution when the seller wants the payment of the goods before shipment. The main objectives behind preshipment finance or pre export finance are to enable exporter to
Procure raw materials.
Carry out manufacturing process.
Provide a secure warehouse for goods and raw materials.
Process and pack the goods.
Ship the goods to the buyers.
Meet other financial cost of the business.
Types of Pre Shipment Finance
1. Packing Credit
2. Advance against Cheques/Draft etc. representing Advance Payments.
Packing Credit - is any loan or advance granted or any other credit provided by a bank to an exporter for financing the purchase, processing, manufacturing or packing of goods prior to shipment, on the basis of letter of credit opened in his favor or in favor of some other person, by an overseas buyer or a confirmed and irrevocable order for the export of goods from the producing country