01-23-2007, 06:59 PM
Get L/c opening form, fill it out, attach
1.BBFS (Borrower's basic fact sheet),
2.latest audited fin. statement.
3.pro forma invoice of the item to be imported.
bank will ask you for the security, if no security is availalbe then LC will be opened against 100% margin. i.e. 100% amount to be paid to the bank before the establisment of lc.
TC.
1.BBFS (Borrower's basic fact sheet),
2.latest audited fin. statement.
3.pro forma invoice of the item to be imported.
bank will ask you for the security, if no security is availalbe then LC will be opened against 100% margin. i.e. 100% amount to be paid to the bank before the establisment of lc.
TC.
