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Monday, October 1, 2018

Abbreviation(FEX Related)

Abbreviation(FEX Related)



FERA-Foreign Exchange Regulation Act.
LCAF- Letter of Credit Authorization Form
AD- Authorized Dealer
ACU- Asian Clearing Union
EXW    Ex works
FCA     Free carrier
FAS     Free alongside ship
FOB    Free on bord
CFR    Cost and freight
CIF      Cost,insurance and freight
CPT     Carriage paid to
CIP      Carriage and insurance paid to
DAP    Delivered at place
DAT     Delivered at terminal
DDP    Delivered duty paid
UCPDC -Uniform Customs and Practice for Documentary Credits 600
H.S.code- Harmonized System Code
SRO-Statutory Regulatory Order
ITC-Import Trade Control
IPO- Import policy Order
ISBP- International Standard Banking Practice
CCI&E-Chief Controller of Imports and Exports
EDF- Export Development Fund
UPAS- Usance Payable At Sight
URC- Uniform Rules For Collection
URR- Uniform Rules for Bank-to-Bank Reimbursements
GFET- Guidelines for Foreign Exchange Transactions
GSP- Generalised System of preferences (GSP)


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