Interest rate on LC
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vaidish
- Posts: 1
- Joined: Mon Aug 31, 2009 2:26 pm
- First Name: VAIDISH
- Last Name: LAKSHMAN
- Organization: DEL
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Interest rate on LC
what basis the bank works out the interest on usanace L/C?
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bdesh
- Posts: 56
- Joined: Sat Jun 20, 2009 3:01 pm
- First Name: Hafizur
- Last Name: Rahman
- Organization: Southeast Bank Ltd
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- Location: Dhaka
Interest Calculation
Hi,
The question is not fully clear to me. Pls elaborate.
Regards
The question is not fully clear to me. Pls elaborate.
Regards
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edilee
- Posts: 105
- Joined: Wed Dec 16, 2009 12:38 am
- First Name: edilee
- Last Name: cdcs
- Organization: cdcs
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there is no any written article about interest pct.
bdesh asked
what basis the bank works out the interest on usanace L/C?
my answer is
there is no any written article about that usance for interest may be like libor + 2 or 3 or anything else it depends on the stiuation.
what basis the bank works out the interest on usanace L/C?
my answer is
there is no any written article about that usance for interest may be like libor + 2 or 3 or anything else it depends on the stiuation.