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
"

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details