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Home Tag Archives: credits v. contracts

Tag Archives: credits v. contracts

LETTERS OF CREDIT V. CONTRACTS

By Mr Old Man
February 12, 2025
in :  Mr Old Man, Payment, Q&A
0
213

QUESTION Dear Sir, As always, your help is really appreciated. Need your expert opinion on the scenario below: There is a change in the unit price of a product in the presented original documents which is more/less than the actual price mentioned in the Letter of credit. However, the Proforma invoice indicates that the rate could change on the basis …

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How Should Issuance Commission Be Calculated for a Revolving LC with Declining Exposure?

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