Why submission of Bill of Entry to LC issuing bank is necessary?

تم إضافة السؤال من قبل Sajid Ahmad Khan , Manager, Finance & Admin , LEADS Corporation Ltd.
تاريخ النشر: 2014/06/30

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أنشئ حسابًا أو سجّل الدخول للإجابة

من قبل Raeed Budnar , Senior Accountant , Point To Point Design (P2P)

So that the company can buy products/materials from other supplier with easy credit facility with out fear as the bank guarantees the supplier

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التصويت سلباً الإجابات () تقرير

What is contra entry?
أفضل جواب: Contra entries are related with the transaction between the cash and bank account. الإطلاع على المزيد

أجوبة (7)
Why should the applicant give a bill of exchange to issuing bank under usance LC?
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أجوبة (1)
Is Billing Solution an Issue or a Solution for Telecom companies ? Is it an issue in the GCC or do we have a worldwide issue with billing ?
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أجوبة (1)
What is a Bills (Under LC) Negotiation?
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أجوبة (10)