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
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.![]()
Quoting from [Oneuni]:A v. good answer indeed.
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 ?
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