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Why should the applicant give a bill of exchange to issuing bank under usance LC?

LC Bank Operations
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Question added by SANU THOMAS , Accounts Manager , ABDULAZIZ BIN JASSIM GROUP
Date Posted: 2018/05/01
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Mohammed Mahmoud Abd El Salam Mahmoud
by Mohammed Mahmoud Abd El Salam Mahmoud , Senior Bank Relation & Accounting , Al Rajhi Steel Company

To Can Collect The value of The bill from The Beneficiary after bank make all audit requirement and confirm that no any discrepancies in the submitted bill  

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