Other/Trade Related Facilities

A customized and complete end-to-end solution is offered to SMEs which allows them to conduct their businesses with ease and efficiency. Following generic products are available:

Letters of Credit
Finance against Imported Merchandise
Finance against Trust Receipt
Finance against Packaging Credit
Finance against Foreign Bills
Foreign Bill Purchase
Inland Bill Purchase
Bank Guarantee

PERFORMANCE BASED REBATE ON INCREMENTAL EXPORTS (PRIE)

• Government of Pakistan has decided to introduce a Performance Based Rebate on Incremental/

• Exports effective from July 1, 2026, aimed at incentivizing exporters exhibiting growth in exports over preceding fiscal year.

2. Eligibility:

All exporters (exporters of goods as well as services) will be eligible to avail the benefit under this scheme. The rebate will be provided as per following criteria:

a) The exporters achieving annual export growth of up to 10 percent over the preceding fiscal year’s exports shall be eligible for a rebate equivalent to 1 percent of the incremental exports value achieved during the year.

b) The exporters achieving annual export growth of more than 10 percent over the precedingfiscal year’s exports shall be eligible for a rebate equivalent to 2 percent of the incremental export value achieved during the year.

c) The exporters with no annual export growth over the preceding fiscal year’s exports shallnot be eligible to avail the benefit of this scheme.

General Instructions for Implementation of Performance Based Rebate on Incremental Exports

i. Rebate shall be provided in PKR on the incremental exports only. For the purposes ofdetermining the rebate in PKR, the weighted average customer exchange rate (buying)published on the SBP website on the date of rebate payment will be used.

ii. The rebate will be determined on incremental export proceeds realized in foreignExchange. For matching purpose, export proceeds realized in currencies other than US$ will be converted to US$ equivalent based on the applicable conversion rate on the date of realization of export proceeds.

iii. Export year will be considered from July 1st and ending on June 30th each year.

Required documentation.

• Claim Form for Performance-Based Rebate on Incremental Exports (PRIE) in SBP predefined format.

• Supporting documents, Electronic Realization Certificate (e-PRC) issued by authorized dealer for all proceeds realized during the period in the format prescribed by SBP exchange policy department.

• Each Claim accompanied by a demand promissory note duly executed by exporter concerned in favour of the bank.

• Declaration and Undertaking by the Exporter in SBP predefined format.

EXIM – EXPORT FINANCE SCHEME (E-EFS)

Salient Features E-EFS Scheme are:

Rate of Mark Up Subsidy

End user rate would be 3% below the SBP policy rate (KIBOR)

Mode of Financing

Conventional and Islamic

Export Finance Subsidy Scheme (E-EFS)

(Pre-shipment & Post Shipment).

Eligible Borrowers & Product Scope

• Type of Exporters: Both direct exporters (those holding the export order/LC) and indirect exporters (manufacturers or suppliers providing goods/inputs to a direct exporter) are eligible to participate.

• Product Eligibility: The facility specifically targets the export of manufactured and value-added goods.

• Negative List Restriction: Exporters dealing in raw materials, basic commodities, or primary products are strictly ineligible. SBP maintains a comprehensive “Negative List” of excluded items.

Overdue Export Proceeds Benchmark (The 5% Rule)

An exporter is eligible to avail EFS “if the total amount of overdue export bills at the time of availing the facility is not more than 5% of the previous year’s export performance” verified by the SBP Banking Services Corporation (SBP BSC).

If an exporter’s overdue bills “is greater than 5% of the previous year’s exports, the exporter will not be entitled to avail the EFS facility” until they resolve the backlog and bring the percentage back down. Each exporter must submit a verified EE-1 statement and an overdue export bills certificate to verify this metric.

Scheme Structure Requirements (Part I vs Part II)

Exporters must satisfy different administrative criteria based on which mechanism they choose:

• EFS Part I (Transaction-Based):

o Exporters must possess a valid, Firm Export Order, Export Contract, or an Export Letter of Credit (LC).

o The maximum financing tenor is 180 days.

o The exporter must generate and submit evidence of export proceeds equivalent to the exact borrowed amount.

• EFS Part II (Performance-Based):

o Eligibility is revolving and is capped at an entitlement limit equal to 50% of the exporter’s verified export proceeds realized during the preceding financial year (July–June cycle).

o Borrowers must continuously track performance and must generally export matching amounts relative to their credit usage (typically 1.5 to 2 times the borrowed amount over the performance period depending on the latest SBP operating cycles).

Documents required for disbursement of E-EFS-I

• Need customer request letter.

• Finance Claim Form under E-EFS-I

• The Sales Contract (Pre-Shipment/Post Shipment) specifies the HS Code, transportation method, applicable Incoterm and scheduled shipment date.

• Demand Promissory Note

• (Undertaking in predefined format)

• Latest validate consolidated overdue position of exporter shown export overdue less 5% across the industry

E-EFS P-II REQUIRMENT:

• Customer request Letter.

• Finance Claim Form under E-EFS-II

• Demand Promissory Note

• . (Undertaking in predefined format)

• Latest validate consolidated overdue position of exporter shown export overdue less 5% across the industry

• EE Limit Entitlement against last year export performance approved by SBP

EXIM – LONG TERM FINANCE FACILITY (E-LTFF)

Introduction of E-LTFF/ILTFF Scheme under EXIM Bank

PFI gets subsidy claims @5% from EXIM on quarterly basis

i. Financing under this facility is available for export oriented projects having export performance of US$ 5 million or 50% of the export sales.

ii. LTFF allowed against presentation of import document under L/C.

iii. New projects or expansion / BMR of existing projects on the basis of projected exports for meeting the minimum export.

iv. Financing is allowed for all sectors as per given in SBP approved list.

Rate of Markup subsidy

Fresh Disbursement under E-LTFF/E-ILTFF

End User rate:

3 percent less than SBP Policy rate.

Mode of Financing:

Conventional and Islamic

Type of Facilities

EXIM-Long Term Financing (E-LTFF)

EXIM-Islamic Long Term Financing Facility (E-ILTFF)

Tenor Fresh Disbursement under E-LTFF/E-ILTFF

• Maximum 10 years including a maximum grace period 2 years.

• Where financing is provided for a period for a period up to 5 years, the grace period shall not be more than once year.

E-LTFF REQUIRMENT:

Please arrange below mention pre-requisites: (Only allowed against documents presented against import L/C)

• Request letter of Customer for Disbursement of E-LTFF.

• Pre-defined application format as per SBP/EXIM bank

• Annexure-1 (Certificate of statement of Total Sales & Exports) **

• Demand Promissory Note

• (Undertaking/Agreement to be submitted by the Borrower under E-LTFF predefine format)

• Repayment Schedule as per given tenor