Tag Archives: Bank Guarantee

What Precisely LC Discounting (LC=Letter of Credit)?

Posted on August 30, 2014 by

Let’s currently think about that the receiver desires to pay you ninety days when it reaches him, however paid directly when the documents are accepted. The Bank Guarantee can supply to pay you on a reduction basis, which means that … Continue reading →

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LC Discounting Supports Your Business

Posted on August 27, 2014 by

The LC can even be the supply of payment for a group action, which means that redeeming the letter of credit pays an exporter. Letter of Credit are used primarily in international trade transactions of great price, for deals between … Continue reading →

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LC Discounting or Letter of Credit Discounting

Posted on August 26, 2014 by

In a Transaction what is Letter of Credit Discounting? Letter of credit isn’t a cheque however rather it’s a conditional payment enterprise of the supplying bank. For this reason as a beneficiary initial of all you would like to meet … Continue reading →

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