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NEED LC / SBLC / DLC ; BUT YOUR BANK REFUSED ? OR ASKING COLLATERAL SECURITY ?
SOLUTION OF #BANKING PROBLEMS ; NEED #LC / #SBLC / #DLC ; BUT YOUR BANK REFUSED ? OR ASKING #COLLATERAL SECURITY ? 1. We can assist you...
Ashis Maity
Jan 1, 20211 min read
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Escrow bank account ; how it works and for whom?
Source: Reproduced article from trade journal Clarify your doubts on #Escrow Accounts and when to use it An escrow account is a third...
Ashis Maity
May 8, 20203 min read
170 views
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Type of Letter of credits ( LC ) used frequently
What is #SWIFT SWIFT is an acronym for the Society for Worldwide International Financial Telecommunication organized under Belgian law as...
Ashis Maity
Mar 10, 20207 min read
239 views
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Different SWIFT payment system MT760/MT799/MT700 /MT103 ; what are the uses and differences...
#MT 700 (MT means Message Type) A Documentary Letter of Credit (DLC) or At Sight Letter of Credit (Sight LC) is a financial instrument,...
Ashis Maity
Nov 9, 20193 min read
21,676 views
17 comments
USANCE LC ( Letter of Credit)
#USANCE LC vs #SIGHT LC A sight LC causes payment to be made immediately to the beneficiary/seller/exporter upon presentation of the...
Ashis Maity
Oct 10, 20192 min read
94 views
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How does International paymaster works?
How does a #paymaster work? The primary purpose of a paymaster is to receive fees in #escrow by buyers in a large transaction, and...
Info collected from Professional source
Oct 9, 20196 min read
2,215 views
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TYPE OF LC ( Letter of Credit, in use for Trading)
In the #trade #finance market, there are really only two basic forms of letters of credit: The #Standby #Letter of Credit (#SBLC) and...
Ashis Maity
Dec 9, 20174 min read
53 views
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