What is meant by the term management by exception? Define the following term: Finance. What is the meaning of one-year MCLR? What is meant by residual income? Define competitiveness? How does an LC (line of credit) with regards to payment for an order work? What does discounting mean in...
Need Export & Import LC regular Basis. If you can help about LC Please advise terms and condition Urgent basis.Awaiting your valuable reply. baljeet: On 12 June 2017 We are in urgent need of suggestion for below points:- This is regarding LCL shipment India to Saudi Arabia 1. Export L...
What happens, if Bank not received money from buyer after discounting of export bills? Transferability of Bill of Lading Transhipment - A redefinition Travelers to India under import duty exemption, Frequently Asked Questions Part 2 Triangular export ...
What is Combined Bill of Lading / Multi model Bill of LadingUnclean Bill of Lading/Claused bill of lading/foul bill of lading/Dirty Bill of LadingWhat is Clean on board Bill of Lading?Is received for shipment Bill of Lading sufficient for LC negotiation?Different types of Bill of Lading3 R...
Q: Can we reduce the usance of LC? Ans: The exporter is given the option of a Letter of Credit Discounting for the Usance LCs. In a typical business transaction, the buyer requests a credit term while the seller requests prompt repayment. To resolve this conflict, the bank assists the ...
The above information is a part of Export Import Online Tutorial Other post about import export cauching How does Wire transfer work in international business? Mode of payments in international trade Difference between bill discounting and bill negotiation ...
On the seller’s side, there is the option to negotiate payment discounting, which allows the seller to receive payment faster. In such cases, the confirming bank will release the payment to the seller ahead of the deferred payment date but will deduct a greater percentage fee for itself. SM...
Discounting a Deferred LC According to Barclays, an exporting company that offers a deferred-payment option to a letter-of-credit buyer may decide to go to his bank and ask for an early payment against the future payment on the letter of credit. Discounting a letter of credit allows your ba...
aLC DISCOUNTING LC打折[translate] athe red-roasted pork, 红色烤猪肉,[translate] ayes me too yes me too[translate] aAntonio Antonio[translate] aNot for others to change themselves, to change their 不为改变自己的其他,改变他们[translate]
How much capital is required for a bank under Basel II for: 1. Confirmation of a Letters of Credit 2. Discounting Letters of Credit without recourse?Explore our homework questions and answers library Search Browse Browse by subject Ask a Homework Quest...