Tag Archives: Buyers Credit

Procedure of LC Discounting or Letter of Credit Discounting

The Letter from the prime banks or monetary establishments is taken into account as a whole security. A receiver can give the LC to the investor and acquire the loan sanctioned. The loan quantity is also up to hundred percent … Continue reading

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LC Discounting Supports Your Business

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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