Import Letter of Credit

Introduction

A letter of credit or LC is an instrument issued by a bank, at the request of an applicant/importer, in which the bank promises to pay a specified amount of money to the named beneficiary/exporter, upon presentation of documents as stipulated in the LC.

Navigation

  • Click Import Letter Of Credit in the Trade Finance Services screen.

  • The  Import Letter Of Credit  screen is displayed.

Functions

 

Process Flow Diagram:

                                          ImpLtrofCrd.png