Contribute to Trade Wiki
Amendment of LC [Last Updated by: admin on 2012-01-01]
Besttradesolution welcomes users contribution to Trade Wiki. If you have more detail on the subject and confident to explain the subject matter better, please feel free to update the information.It may take some time to appear your update on the site while we process any submission.Please do not copy information directly from other sites. Thank you for your contribution.
Amendment or Amendment of LC is the modification of the issued originally issued by the issuing bank. Issuing bank generally amend a LC at the request of the applicant. However amendment is not binding on the beneficiary unless the beneficiary communicates its acceptance to the amendment.
Please Login to Update This Term