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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
3,013

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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Anonymous: Hi, If a Telex Release or Express Release is presented instead of an original Bi...

Anonymous: Hi, And what about cases where the credit is confirmed and the bank commits to m...

Anonymous: Thank you for your reply. Yes, it was in the notify party details. It made me he...

Mr Old Man: I assume this email address appears in the notify party details. If the credit s...

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