Exim Bank's Line of Credit to USD 10 million to the Banco de Comercio Exterior de Colombia S.A. (Bancoldex), Colombia
X X X X Extracts X X X X
X X X X Extracts X X X X
....ry - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit to USD 10 million to the Banco de Comercio Exterior de Colombia S.A. (Bancoldex), Colombia The Export-Import Bank of India (Exim Bank) has concluded an agreement dated August 31, 2006 with Banco de Comercio Exterior de Colombia S.A. (Bancoldex), Republic of Colombia, making available to the latter, a Line of Credit (LOC....
X X X X Extracts X X X X
X X X X Extracts X X X X
....all 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 per cent 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 Republic of Colombia only, by deduction from the invoice of r....
TaxTMI