how to prepare the letter of credit? what r the points we have to consider
Letter of credit
JAGANATHAN R ACMA, SAP(Fi-Co) (Manager Accounts and Finance) (915 Points)
06 August 2015
JAGANATHAN R ACMA, SAP(Fi-Co) (Manager Accounts and Finance) (915 Points)
06 August 2015how to prepare the letter of credit? what r the points we have to consider
V P Narasimhan
(Accounts Manager)
(791 Points)
Replied 13 August 2015
You may request you banker for help. Points to be consider 1) Credit period i.e validity 2) Origin of Despatch 3) Completing Shipping Address 4) To whose favour the Invoice to be raised 5) Interest clause if any.and any other special clause as the company wishes
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