Trade finance is a critical element for cross-border trade, and in many cases the movement of goods across borders, particularly in emerging markets, cannot occur without it. However, trade finance remains vulnerable to economic crises despite being a low-risk asset class. In sync with the global trade demands and the growing need after the onset of the pandemic, there has been a felt need for a more robust trade finance programme.
The Group skillfully monitors trends in global and domestic economies to analyse their impact on Indian and other developing economies. Besides catering to the constituents within the Bank, the Group also connects with the Government, RBI, exporters/importers, trade & industry associations, external credit agencies, academic institutions and researchers.
With this backdrop, India Exim Bank has christened a new trade facilitation initiative, Trade Assistance Programme (TAP). Under TAP, India Exim Bank provides support through credit enhancement to trade instrument(s), thereby enhancing the capacity of commercial banks to support cross-border trade transactions involving untapped markets, where trade lines are constrained or where the potential has not been harnessed, and transactions may not materialise in the absence of such support.
Objectives:
i. Create an enabling environment for counterparties in settlement of trade transactions;
ii. Support incremental exports by accessing identified untapped markets;
iii. Provide market entry mechanism, while enhancing the geographical coverage for exporters, including MSMEs;
iv. Provide risk coverage for challenging international trade transactions; and
v. Enable local banks in target countries in establishing working partnerships with commercial banks in India.
Stand by Letter of Credit
Irrevocable Reimbursement Undertaking
Fronting of Guarantees
Risk Participation
Credit lines
Eligibility
Export of goods and services from India
Export of goods or services as permitted under Government of India’s Foreign Trade Policy / Extant Guidelines
Export to countries which are not sanctioned under the Office of Foreign Assets Control (OFAC) of the US
Tenor of upto 365 days from the date of export. Extended tenor may be considered on case-to-case basis.
Exim Advantage
` Capability to leverage extensive international network of banks.
` Incremental exports to existing markets and exports to newer markets.
` Competitive pricing.
Downloads
To know more about Trade Assistance Programme (TAP), refer
TAP Leaflet
July 07, 2025
TAP Products and Structures
July 07, 2025
Overseas Partners Banks
July 07, 2025
Credit Lines
July 07, 2025
FAQs
July 07, 2025
Contact us for further information at tap[at]eximbankindia[dot]in
