Exim Bank's Line of Credit (LOC) of USD 7.50 million to the Government of Jamaica

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.... Bank's Line of Credit (LOC) of USD 7.50 million to the Government of Jamaica Export-Import Bank of India (Exim Bank) has concluded an agreement dated January 19, 2007 withtheGovernmentof Jamaica, making available to the latter, a Line of Credit (LOC) of USD 7.50 million (USD Seven million five hundred thousand only) to finance purchase of water pumps by National Water Commission, Jamaica whic....

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.... commission shall be payable in respect of exports financed under the above line of credit. However, if required, the exporter may use his own resources or utilise balances of his EEFC account for payment of commission in free foreign exchange. Authorised Dealer Category - I (AD Category - I) banks may allow such remittance after realisation of full payment of contract value subject to compliance ....