What is post -shipment finance? Explain various methods of post-shipment finance.

PostFinance is the financial services unit of Swiss Post which was founded in 1906. It is the fifth[citation needed] largest retail financial institution in Switzerland. Its main area of activity is in the national and international payments and a smaller but growing part in the areas of savings, pensions and real estate.

Types of Post Shipment Finance:-

• Export Bills Negotiated under L/C: if the exporter wants to get a documentary letter of credit and has already done the procedure i.e., submitting the required documents, as the UC mentions, to the bank, the bank is then supposed to negotiate with the exporter and give him the equal amount of post-shipment finance. We should ________ _______ ______ _____ _________ _______ ______ ________.
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