Exim Bank's Line of Credit for USD 10 million (or equivalent Euro) to Banque Ouest Africaine De Developpement (BOAD -West African Development Bank)

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....ffice Mumbai - 400 001 RBI/2004/198 A.P.(DIR Series) Circular No.91 May 14,2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Exim Bank's Line of Credit for USD 10 million (or equivalent Euro) to Banque Ouest Africaine De Developpement (BOAD -West African Development Bank) The Export-Import Bank of India (Exim Bank) has concluded an agreement with Banque Ouest Africaine De Devel....

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....m time to time. 4. While no agency commission shall be payable in respect of exports financed under the above line of credit, Reserve Bank may consider, on merit, requests for payment of commission upto a maximum extent of 5 percent of the f.o.b./c&f/c.i.f. value in respect of goods exported and which require after sales service. In such cases, commission will have to be paid in BOAD's member sta....