Export import
This query is : Resolved
Nitin Dabhi
(Querist)
03 July 2010
What is the procedure to open Letter of Credit (L/c)? Is there an prescribe form of bank?
RAMESH KUMAR VERMA
(Expert)
03 July 2010
MR. NITIN,
IN FIRST, EXPORT SALES CONTRACT SIGNED BY BUYER AND SELLER.
IN SECOND, THE LETTER OF CREDIT OPENED BY THE BUYER .
PROCEDURE:-
I REQUEST LETTER GIVEN IN BANK IN BEHALF OF EXPORTER .
AND PLEASE GO TO THE FOLLOWING PATH:-
https://www.indiandata.com/trade_policy/export_procedures.html
IN FIRST, EXPORT SALES CONTRACT SIGNED BY BUYER AND SELLER.
IN SECOND, THE LETTER OF CREDIT OPENED BY THE BUYER .
PROCEDURE:-
I REQUEST LETTER GIVEN IN BANK IN BEHALF OF EXPORTER .
AND PLEASE GO TO THE FOLLOWING PATH:-
https://www.indiandata.com/trade_policy/export_procedures.html
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