Letter of credit

206 views 1 replies

We are going to give a LC for the Purchase we made to Vendor.

Vendor is asking to give a LC in the name of the vendor but the payment should be given to his group company. 

 

with the said condition can bank issue a LC. Please clarify

Replies (1)
if it is inland LC then I think it can be done. This is to be mentioned in LLC condition

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