Export Packaging Credit (EPC)

To make inroads into the competitive world markets, support of a solid banking partner is essential. Bank of Bhutan has all the credentials to ensure that your business takes off to reach new heights of success. Bank of Bhutan facilitates your operations with pre-shipment packing credit for finished goods, prior to shipment, against a Letter of Credit from the overseas buyer.

Eligibility

Exporters who have continuously availed EPC from us for the last 5 years with good track record.

Quantum

50% margin on average of actual achievement of the last three years.

Interest Rate

Floating Interest Rate 9.86% p.a

Tenure

6 months

Required Documents

  • A copy of a valid export license

  • Projections of export sales for the past 3 years and that of the current year and actual export sales achieved

  • A standard agreement should include the undernoted information in addition to other points:

    • Quantity and quality of export

    • Price Negotiated/Rate

    • Terms of payment

    • Standard terms of LC

    • Re-reimbursement Authority to be incorporated

    • Place of settlement in case of dispute preferably in Bhutan