Pre-shipment Credit in Foreign Currency : This is an additional window to rupee packing credit scheme. This credit is available to cover both the domestic and imported inputs of the goods exported from India. The facility is available in any of the convertible currencies. The credit will be self liquidating in nature and accordingly after the shipment of goods the bills will be eligible for discounting/rediscounting or for post-shipment credit in foreign currency. Me exporters can avail this finance under the following two options.
i) The exporters may avail pre-shipment credit in rupees and, then, the post-shipment credit either in rupees or in foreign currency denominated credit or discounting/rediscounting of exports bills.
ii) the exporters may avail pre-shipment credit in foreign currency and discounting/rediscounting of the export bills in foreign currency.

PCFC credit will also be available both to the supplier units of EPUEOU and the receiver units of EPZIEOU. The credit in foreign currency shall also be available on exports to Asian Clearing Union (ACU) Countries. This will be extended only on the basis of conformed export orders or confirmed LICs. The Running Account facility will not be available under the scheme.