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How to apply an L/C ?
Post 1 of 9
stanrdone
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How  to apply an L/C ?
Award 10 MVPs ( What's this? )for the best answer.
02 Jun 2009 20:24
Post 2 of 9
go to your bank. preferably banks with international affiliated banks.
10 Jun 2009 19:41
Post 3 of 9
TRUST-OFFICE
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go to bank, fill in the documents as your clients request and your company's actuall occasion.
09 Jul 2009 23:19
Post 4 of 9
SB007
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Overall Ranking MVP:54 Rank:109,109
Quoting from [stanrdone]:

How  to apply an L/C ?

apply for the lc with the bank that you have credit lines with and complete the lc application as per the terms and conditions of the supply contract. This is to ensure that the lc is cashable and that both beneficiary and the applicant are protected.
02 Sep 2009 05:49
Post 5 of 9
hai, pls guide me to trade with good bussinesspartner
02 Sep 2009 11:25
Post 6 of 9
Quoting from [stanrdone]:

How  to apply an L/C ?


What can they do for you against your question? Some said similar to "go to bank and discuss your problem".  Tha is right. or it seems that you need lesson for L/C. I don't undestand some people asked something without stipulating any case or situation. Just for topic itself? Let's save times.

Jay

06 Sep 2009 02:53
Post 7 of 9
Quoting from [stanrdone]:

How  to apply an L/C ?

RESONALBE MAN I AGREE
10 Sep 2009 01:05
Post 8 of 9
Hi how to apply for LC?
14 Oct 2009 22:06
Post 9 of 9
In my country these are the steps to be undertaken in applying an LC:

1. Obtain a proforma Invoice from your supplier or their representative.
2. Fill up an IED (Import Entry Declaration)and have it submitted to your bank.
3. Outline the conditions agreed with your supplier to your bank. You have to remember that your bank is there to guanrantee you on this transaction.

There are so many types of LC, have your bank explained this to you and choose what best suits your need.
18 Oct 2009 17:21
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