LC Bidding is first of it's kind LC discounting website. We allow you to compare the interest rates enlisted by different banks and choose the best one.
A letter of credit can be discounted. While getting an LC discounted the supplier or holde of LC should verify whether the issuing bank is on the approved list of banks, with the discounting bank. Once the LC is approved, the discounting bank releases the funds after charging a certain amou...
a1. XXX has an arrangement with a Credit Applicant to issue an usance letter of credit (“the LC”) by Sberbank, Head Office, Russia and agrees to engage the services of OTL for the purpose of discounting such LC. 1. XXX有一个安排以发布usance信用证的信用申请人 (“LC”) 由Sberbank,总...
aXXX has an arrangement with a Credit Applicant to issue an usance letter of credit (“the LC”) by Bank of China (BOC) Shenzhen Head Office, PRC agrees to engage the services of OTL for the purpose of discounting such LC. XXX有一个安排以发布usance信用证的信用申请人 (“LC”) 由中国...