Card storage: LC payment

What is Advising Bank in international payment? What is the role like?

What is Advising Bank in international payment? What is the role like?

X You are the one who applied to open a letter of credit (Applicant), the beneficiary (Beneficiarry), the Bank for issuing a letter of credit (ISSUing Bank), the bank notifying the letter of credit, ... are participating in LC transactions to learn about the Advising Bank subject? X You want to know in international payment, advising [...]

What is LC Usance? How is it regulated?

What is LC Usance? How is it regulated?

X The parties involved in international payment transactions need to learn about what is the method of L/C Usance, what are the advantages and characteristics, when to use it? x You do not have much experience in applying for LC, so you need to find out about the application to be prepared including [...]

What is LC at Sight? How is the release process?

What is LC at Sight? How is the release process?

x You are importers, or exporters who are participating in transactions and international payments need to carefully understand the method of L/C at Sight? x individuals, organizations and import -export enterprises have not grasped the process of payment and issuance of at sight lc so [...]

Summary of types of LCs in international payments today

Summary of types of LCs in international payments today

x You are participating in international trade and must make payments for LC transactions but do not know what valid LC types are available? x You have no experience with LC payments and want to find out what it really is? International payment by form [...]

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