Letter of credit
This query is : Resolved
gopinathbv
(Querist)
06 August 2011
Dear All
I am getting the Letter of credit for my client. In regards pl clarify
1.Can i discount this LC immediately in my bank
2. If not how to encash the LC for immediate Purpose
3. pl tell me complete proceedure how to discount and how to retire the LC
I am getting the Letter of credit for my client. In regards pl clarify
1.Can i discount this LC immediately in my bank
2. If not how to encash the LC for immediate Purpose
3. pl tell me complete proceedure how to discount and how to retire the LC
RAMESH KUMAR VERMA
(Expert)
06 August 2011
GO TO YOUR BANKER AFTER MAKING THE REQUEST LETTER ALONG WITH FOREX EXCHANGE COPY OF SHIPPING BILL, INVOICE, B/L AND FIRC(IF ALREADY RECEIVE DIN ADBVANCE)
https://www.foodexport.org/GettingStarted/Content.cfm?ItemNumber=1294
https://www.foodexport.org/GettingStarted/Content.cfm?ItemNumber=1294
RAMESH KUMAR VERMA
(Expert)
06 August 2011
GO TO YOUR BANKER AFTER MAKING THE REQUEST LETTER ALONG WITH EXCHANGE CONTROL COPY OF SHIPPING BILL, INVOICE, B/L AND FIRC(IF ALREADY RECEIVE DIN ADVANCE)
https://www.foodexport.org/GettingStarted/Content.cfm?ItemNumber=1294
https://www.foodexport.org/GettingStarted/Content.cfm?ItemNumber=1294
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