Funds can be transferred upto USD 50,000/- by the Enterprises to import goods under Advance Payment Terms.

Documents Needed

1. Proforma Invoice
2. Duly completed Application Form of the Bank
3. Form I of Central Bank
4. Undertaking Letter of Central Bank

Important

• Proforma invoice must be in the name of the Enterprise.
• Importer must submit evidence of the imported goods (ie. a copy of the Commercial Invoice and a copy of the Customs Declaration both duly stamped by Customs) within 90 days from the date of the remittance of the Advance Payment.