Hi all,
Is there any differences between LC expired at the beneficiary's country and LC expired at the nego.bank's counter?
Thank you and best regards.
Beneficiary's Country Vs Negotiating Bank's Counter
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dodo
- Posts: 27
- Joined: Thu Sep 15, 2016 8:42 pm
- First Name: thanh
- Last Name: thanh
- Organization: dt co.,ltd
- Filter: Two Plus Two =: 4
- Location: VN
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nraajesh
- Posts: 82
- Joined: Wed Sep 21, 2011 4:05 pm
- First Name: Rajesh
- Last Name: Natarajan
- Organization: Societe Generale
- Filter: Two Plus Two =: 4
- Location: Bangalore
Place of expiry
Hello friend,
Typically the nego bank resides in bene country and therefore, there is no difference.. however, if the country of nego bank is different from the country of bene, it makes a difference.
Cheers!!
Rajesh
Typically the nego bank resides in bene country and therefore, there is no difference.. however, if the country of nego bank is different from the country of bene, it makes a difference.
Cheers!!
Rajesh