Dual Currency Letter of Credit
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- Posts: 23
- Joined: Tue Feb 25, 2014 6:22 am
- First Name: Westley
- Last Name: Lobo
- Organization: Royal Bank of Canada
- Filter: Two Plus Two =: 4
- Location: Canada
Dual Currency Letter of Credit
Is it possible to issue a Letter of Credit with two amounts, each of them in a unique currency.
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- Posts: 29
- Joined: Wed Jan 28, 2015 11:45 am
- First Name: ILYAS
- Last Name: K.
- Organization: BANK
- Filter: Two Plus Two =: 4
- Location: TURKEY
Dual Currency not possible
Hi Westley,
IMO, it is not possible to issue a letter of credit including two amounts even if indicates different currency codes.
It should be open as seperate transactions.
Regads,
IMO, it is not possible to issue a letter of credit including two amounts even if indicates different currency codes.
It should be open as seperate transactions.
Regads,