Export Packing Credit

Dear Milind,

Certainly it is a valid one, you can go-ahead without hesitation, the rate of interest of EPC is much less when compare to working capital loans.

Regards,

Ramesh P.

Originally posted by : Ramesh P.
	Dear Milind, Certainly it is a valid one, you can go-ahead without hesitation, the rate of interest of EPC is much less when compare to working capital loans. Regards, Ramesh P.

 Thanks Ramesh

but When I had taken Fwd Cover, I had already sold future expected currency to my bank and if i need to take packing credit on the same PO, again I am selling my future currency to bank

will it be a valid transaction, if yes can you suggest me to some material which will substantiate

TBR

milind