LETTER OF CREDIT WITH TWO CLAIM PERIODS
This query is : Resolved
Sanjay Gajjar
(Querist)
29 December 2022
IN ONE LC TWO VALIDITY IS POSSIBLE ?
EXAMPLE :
100 CR. SUPPLY PORTION WHICH IS VALID UP TO 31.12.2022
20 CR. INSTALLATION WHICH IS VALID UP TO 31.12.2023
TOTAL ONE BANK GUAREANTEE WILL BE ISSUED . IS IT POSSIBLE WITH TWO CLAIM PERIOD IN ONE BANK GUARANTEE.
EXAMPLE :
100 CR. SUPPLY PORTION WHICH IS VALID UP TO 31.12.2022
20 CR. INSTALLATION WHICH IS VALID UP TO 31.12.2023
TOTAL ONE BANK GUAREANTEE WILL BE ISSUED . IS IT POSSIBLE WITH TWO CLAIM PERIOD IN ONE BANK GUARANTEE.
20 August 2023
If needs to be checked with the respective terms of quote / contract / agreements
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