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  • 5 hours ago How Should Issuance Commission Be Calculated for a Revolving LC with Declining Exposure?
  • 5 hours ago Can the Drawee’s Bank Cancel Its Aval after Confirming it by SWIFT?
  • 12 hours ago Is a Deduction Allowed on the Invoice When the LC Does Not Call for It?
Home Tag Archives: LOI under Oil LC

Tag Archives: LOI under Oil LC

LOI UNDER OIL LC

By Mr Old Man
May 17, 2010
in :  Uncategorized
0
2,897

QUERY FROM ZAC My bank has issued an usance OIL LC for my customer. Hence, the negotiating bank presented a set of import docs to my bank's counters which my bank has sent a swift MT756 back to negotiating bank yesterday to confirm acceptance of the usance bill. The docs negotiated were invoice and LOI. Today, my customer told me …

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

Mr Old Man
5 hours ago

Can the Drawee’s Bank Cancel Its Aval after Confirming it by SWIFT?

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5 hours ago

Is a Deduction Allowed on the Invoice When the LC Does Not Call for It?

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12 hours ago

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