In one embodiment, a system includes a network having one or more devices interconnected therebetween, the network including a first device having a first port and logic integrated with and/or executable by a first processor, the logic being adapted to exchange credit exchange (CE) capabilities between the first port and a second port of a second device in the network, receive a credit grant packet from the second port, the credit grant packet indicating credits granted to the first port, and send one or more packets of data from the first port to the second port, the one or more packets corresponding with the granted credits. Other systems and methods for providing credit-based flow control are described according to more embodiments.