Discount l/c
Post 1 of 2
My Seller interested to discount L/Cs payable 60 days after date of BL with Banks in Germany.
Can you recomand to me any Bank in Germany
Can you recomand to me any Bank in Germany
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19 Oct 2007 13:41
Post 2 of 2
Replying to [Arkady]:
If your seller is interested in discounting his 60 days' DA (usance) LC in Germany, I presume that he'll do so at his own bank, or a bank to which the LC (that your bank in US is going to open) is restricted, or the bank in Germany that confirms the LC, or a bank that is willing to extend this discounting facility.
Hence I am wondering, why your question! Why do you need to know about a bank in Germany?
If your seller is interested in discounting his 60 days' DA (usance) LC in Germany, I presume that he'll do so at his own bank, or a bank to which the LC (that your bank in US is going to open) is restricted, or the bank in Germany that confirms the LC, or a bank that is willing to extend this discounting facility.
Hence I am wondering, why your question! Why do you need to know about a bank in Germany?
20 Oct 2007 03:57
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