Endorse commission in L/C
Posted: Sun Nov 15, 2020 6:10 pm
Hi Expert,
Glad to be here.
I am a mandate of Seller (Gloves MArket), Buyer will open L/C name of Seller name. Can I endorse my commission in L/C? When buyer release funds for seller, they will also release our endorsement fund as well. I do not want to kick back money from seller account. Is there any solutions for that?
Please advice me.
Thanking you guys
Shameem
Glad to be here.
I am a mandate of Seller (Gloves MArket), Buyer will open L/C name of Seller name. Can I endorse my commission in L/C? When buyer release funds for seller, they will also release our endorsement fund as well. I do not want to kick back money from seller account. Is there any solutions for that?
Please advice me.
Thanking you guys
Shameem