What is TR?

One of the responsibilities in a job advertisement for Accountant post is:

 

Communicating with bank for LCs, TRs, Loans and other facilities

 

Please let me know what is TR.

 

Thanks

Replies (4)

TR= TRANSFER RECEIPTS

Thank you Sir.

 

Can you please let me know how transfer receipts work ( preferably with an example)?

 

Thanks.

Transfer receipts are the receipts which we get after Bank to Bank Transfer of Funds e.g. thru RTGS, SWIFT, etc..,

octrai charges is an entry tax

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