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In case of LC extension the bank commission is based on total amount or the remaining amount of the LC if it’s partially paid?

Letter of Credit Bank Operations
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Question added by Haggag Hassan , Operations Coordinator , Gulf Group for Mechanical and Electrical Works
Date Posted: 2020/05/05
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mafas jameen
by mafas jameen , Chief Accountant , STREAM SPECIALIZED SERVICES W.L.L

Normally for Remaining amount but there will be a minimum amount of charge will be applicable , it depends bank tariff policy.  

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