What's the best L C for Exporter and also for the Importer ?

Question

Marivic Buayan · Answer

THAT WOULD BE IRREVOCABLE LETTER OF CREDIT AND WITH CONFIRMATION.

Nileshkumar Lodha · Answer

Deferred LC in which there is condition for the Exporter at sight by paying nominal Commission or Interest (either by Importer or Exporter as agreed) is good for both Importer and Exporter, because in that case Importer has to pay at later date to Bank and Exporter gets money immediately at sight. Win-Win for both.

Haseeb Khalid · Answer

For me revolving LC, nothing better than a continous business partnership.

MOHAMED SHAREEF SIBAGHATHULLA · Answer

Dear

For Exporter Irrevocable LC is better

If any changes (amendment) or cancellation of the LC (except it is expired) is done by the Applicant through the issuing Bank

Malik Muhammad Saeed · Answer

In both cases Irrevocable L/C at Sight is the better option to work on as it safes both importer and exporter.

S Thomas · Answer

Best option for an exporter is Irrevocable LC from first class bank would be the best option for exporters and LC at sight would be good for importers

Manoj Kaimal · Answer

An irrevocable confirmed LC at sight issued by an Internationally reputed bank would be best option for Exporters.

Mohsin Mahmood · Answer

sight LC beneficial with new customer ,with running customer both sight & Usance benefical

Yassine Ben Moussa · Answer

SBLC for both if there is a repetitive operation

Omeih Al-hawamdah · Answer

if u mean location ,then will be dubai

Wamiq Iqbal · Answer

LC having Credit Terms : Sight

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What's the best L C for Exporter and also for the Importer ?

Dear

For Exporter Irrevocable LC is better

If any changes (amendment) or cancellation of the LC (except it is expired) is done by the Applicant through the issuing Bank

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