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How to choose a good-bank to manage for the L/C ?
Post 1 of 7
Oneuni
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Overall Ranking MVP:12,463 Rank:43
Can you explain :

How to choose/nominate  A such "bank" to manage/handling the L/C

properly ? 

What are the criteria and the Pre-qualification ?



 
Award 100 MVPs ( What's this? )for the best answer.
26 Jul 2008 22:37
Post 2 of 7
Quoting from [Oneuni]:


Can you explain :


How to choose/nominate  A such "bank" to manage/handling the L/C


properly ? 


What are the criteria and the Pre-qualification ?




 

The Criteria are
1. Networking = the bank are one of the leading providers of international trade services with a network of offices worldwide.-------> to easier solve any international trade dispute.

2. Pricing = Transparent, Negotiable and competitive pricing -------> we can access it for example internet= e-statement/e-report.

3. Export Payment Proceeds / Document Process  =  Credit to customers current account  in same day before lunch time-----as long presented within cut off time------> to anticipate for exporter to pay to their supplier or other party who related with their business.

4. Import and export financing

 

 

27 Jul 2008 23:32
Post 3 of 7
Oneuni
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Overall Ranking MVP:12,463 Rank:43
to Davadi,


thanks for the answer
28 Jul 2008 14:34
Post 4 of 7
Quoting from [Davadi]]:

The Criteria are

1. Networking = the bank are one of the leading providers of international trade services with a network of offices worldwide.-------> to easier solve any international trade dispute.

2. Pricing = Transparent, Negotiable and competitive pricing -------> we can access it for example internet= e-statement/e-report.

3. Export Payment Proceeds / Document Process  =  Credit to customers current account  in same day before lunch time-----as long presented within cut off time------> to anticipate for exporter to pay to their supplier or other party who related with their business.

4. Import and export financing

 

A v. good answer indeed.[em19]

29 Jul 2008 03:58
Post 5 of 7
Oneuni
offline
No Company Website yet
Overall Ranking MVP:12,463 Rank:43
Quoting from [Oneuni]:


Can you explain :


How to choose/nominate  A such "bank" to manage/handling the L/C


properly ? 


What are the criteria and the Pre-qualification ?
A v. good answer indeed.<img src=" border="0" src="http://img.alibaba.com/images/eng/style/icon/emoticons_great.gif" />


Thanks for the comment Mr Catalyst,  Yet  it is still not  answer the above Ques ?


t
29 Jul 2008 08:43
Post 6 of 7
Quoting from [Oneuni]:


Can you explain :


How to choose/nominate  A such "bank" to manage/handling the L/C


properly ? 


What are the criteria and the Pre-qualification ?




 



i would reccomend that you use HSBC bank.

They have good networking, good pricing and good documentation.

Very simple with them

 

Distrabit

30 Jul 2008 21:45
Post 7 of 7
Oneuni
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No Company Website yet
Overall Ranking MVP:12,463 Rank:43
To : Distrabit


Thanks for the answer ... of  HSBC
31 Jul 2008 06:25
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