revolving lc evaluation
DESCRIPTION
Differential factors for revolving LC and standard LC.TRANSCRIPT
Commission NameWhen appliedRevolving LCStandard. LC
LC Advising ChargesAdvising the LCOnce for a periodEach time for a new LC
LC Transfer feeTransferring the LCOnce for a periodEach time for a new LC
SWIFT chargesAdvising & Transfer of LC, reminders for export proceeds, opening of LCFor each eventFor each event
Postage/DHL chargesSending the documentsFor each eventFor each event
LC Amendment commissionAmendment of LCFor each eventFor each event
LC Cancellation chargesCancellation of LCFor each eventFor each event
Stationery chargesOpening Import LCOnce for a periodEach time for a new LC
LC opening commissionOpening of LCOnce for a periodEach time for a new LC
If we go for revolving LC, the bank will hold how much money for the total duration?What documents will be required for each order?How and when will be the payment released to the supplier?Any additional cost for revolving LC?