Functions of Trade Processing Centres
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All our TPCs are performing following main functions.
1. LC Opening (All related function i.e. handling, lodgment of documents in PAD / Acceptances and thereafter final settlement).
2. Registration of Contract
3. Remittances / Payment / Settlements of LC / contracts
4. Remittances against Direct Import
5. Handling of Advance Payments against Import / Export
6. Collections under Exports
7. Handling of Trade Finance Facilities
a) FIM (Finance Against Imported Merchandize)
b) FATR - (Finance Against Trust receipt
c) FE – 25 Financing (Import / Export)
d) FAFB – (Finance Against Foreign Bills)
e) FAPC – (Finance Against Packing Credit)
f) FDBP – (Foreign Documentary Bills Purchased)
g) IDBP – Inland Bills Discounting
h) Pre - Shipment Part - I under SBP Export Refinance Scheme
i) Post - Shipment Part - I under SBP Export Refinance Scheme
j) Performance based Part – II under SBP Export Refinance Scheme
k) LTFF – (Long Term Financing Facility)
8. LG Issuance
9. LG discounting