Deals under 999    Latest & best selling SmartPhones     Electronics & Accessories upto 60% OFF    Home & Decor upto 70% OFF

Check with seller What is Foreign LC Discounting Bhopal City

Published date: June 6, 2022
  • Location: Bhopal, Bhopal City, Bhopal, India

Download PDF  Add to watchlist      

LC Discounting is a short-term credit facility offered by a bank to an exporter in exchange for an accepted letter of credit (LC). Upon due diligence, the seller/exporter bank purchase the letter of credit and discounts 90-100 percent of the amount, the discounting happens on the limit available with the LC issuing bank. Due to the low cost of this product, it can be borne by either the exporter or the importer, depending on the terms and circumstances agreed upon in the letter of credit.

For More Info: https://www.zirconconsulting.in/lc-discounting/export-lc-discounting/

QR CODE Share by email Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Pin on Pinterest

Share

Related listings