LETTER OF CREDIT
This query is : Open
10 December 2009
Can the validity of a letter of credit be extended after its expiry date, by way of letter from the issuing bank? My banker says that since the validity has already expired it can not be extended by way of an amendment
10 December 2009
Yes LC can be extended. Contact your Bankers. They will extend the same.
10 December 2009
Can the validity of a letter of credit be extended after its expiry date, by way of letter from the issuing bank? My banker says that since the validity has already expired it can not be extended by way of an amendment
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