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Letter of Credit - Urgent
Can any one send me Procedure & Format of Letter of credit with bank.
nafis_naf_na @ yahoo.co.in
Replies (6)
Depend upon Your Bankers,and your Past performance with Bankers Banker's may grant you Letter of credit with or without margin,Procedure parts will taken care of by your bankers.
Be clear that u require format of FLC or ILC and plz write the name of bank where you wanna open the same.
CANARA BANK
DEAR NAFIS,
U HAVE TO FILL:-
1. LC OPENING FORM.(BANK WILL PROVIDE0
2.FORM A-1(PURCHASE FROM JAINA BOOK AGENCY
3.PROFORMA INVOICE COPY.
4.FEMA DECLARATION(FORMAT FROM BANK)
5. U MUST HAVE IMPORTER EXPORTER CODE.
6.VALUE OF ONE PROFORMA INVOICE SHOULD NOT BE MORE THAN 40 LACS.
7. INSURANCE COVER NOTE.
8. READ LC OPENING FORM CAREFULLY THEN IT WOULD BE BETTER UNDERSTOOD.
REGARDS
AJAY AHUJA
DEAR NAFIS,
U HAVE TO FILL:-
1. LC OPENING FORM.(BANK WILL PROVIDE0
2.FORM A-1(PURCHASE FROM JAINA BOOK AGENCY
3.PROFORMA INVOICE COPY.
4.FEMA DECLARATION(FORMAT FROM BANK)
5. U MUST HAVE IMPORTER EXPORTER CODE.
6.VALUE OF ONE PROFORMA INVOICE SHOULD NOT BE MORE THAN 40 LACS.
7. INSURANCE COVER NOTE.
8. READ LC OPENING FORM CAREFULLY THEN IT WOULD BE BETTER UNDERSTOOD.
REGARDS
AJAY AHUJA
| Originally posted by :AJAY AHUJA | ||
| " | DEAR NAFIS, U HAVE TO FILL:- 1. LC OPENING FORM.(BANK WILL PROVIDE0 2.FORM A-1(PURCHASE FROM JAINA BOOK AGENCY 3.PROFORMA INVOICE COPY. 4.FEMA DECLARATION(FORMAT FROM BANK) 5. U MUST HAVE IMPORTER EXPORTER CODE. 6.VALUE OF ONE PROFORMA INVOICE SHOULD NOT BE MORE THAN 40 LACS. 7. INSURANCE COVER NOTE. 8. READ LC OPENING FORM CAREFULLY THEN IT WOULD BE BETTER UNDERSTOOD. REGARDS AJAY AHUJA |
" |
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