Export Finance and Procedure

Paper Code: 
FTM302
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Unit I: 
Export Finance:

Export Finance:
Meaning, Methods, Procedures, Difference between Pre-shipment and Post shipment finance, Deferred Credit

Unit II: 
Export Payment terms:

Factors affecting export Payment, Methods of Payment-Payment in advance, Open account, consignment stock Payment, Letter of Credit-Types, Parties, Procedures, Documentary Bills-Documents against acceptance(D/A), Documents against Payments (D/P), Difference between (D/P) and (D/A).

Unit III: 
Import Financing:

Meaning, Procedure, Exchange regulations relating to Import Finance, Documentary Credit
Rediscounting of Export Bills, Role of Acceptance House and Discount House.

Unit IV: 
Exchange Control & Foreign Exchange Transactions:

Meaning, Features, Objectives, Methods.
Introduction, Exchange Rate Quotations, Methods of quotations.

Unit V: 
Exchange Rate Classification

: Spot and Forward Rates, Fixed Exchange Rates, Flexible Exchange Rates, , Exchange Rate Classification, Favorable and Unfavorable Exchange Rates , Arbritage

ACADEMIC YEAR: