Exports
Critical component of international trade, export means a good or
service produced in one country that is sold into another country
It means the nominated bank that authenticates & advises the issuance of LC & its amendment to the beneficiary at the request of the LC issuing bank.
Features
It helps the beneficiary to receive the LC from his preferred bank which is mostly in the region of his establishment.
Eligibility
All type of corporates receiving LCs from overseas banks.
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