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Jan 1
1 min

NEED LC / SBLC / DLC ; BUT YOUR BANK REFUSED ? OR ASKING COLLATERAL SECURITY ?

SOLUTION OF #BANKING PROBLEMS ; NEED #LC / #SBLC / #DLC ; BUT YOUR BANK REFUSED ? OR ASKING #COLLATERAL SECURITY ? 1. We can assist you...

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Escrow bank account ; how it works and for whom?

Ashis Maity

May 8, 2020
3 min

Escrow bank account ; how it works and for whom?

Source: Reproduced article from trade journal Clarify your doubts on #Escrow Accounts and when to use it An escrow account is a third...

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Type of Letter of credits ( LC ) used frequently

Ashis Maity

Mar 10, 2020
7 min

Type of Letter of credits ( LC ) used frequently

What is #SWIFT SWIFT is an acronym for the Society for Worldwide International Financial Telecommunication organized under Belgian law as...

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Different SWIFT payment system MT760/MT799/MT700 /MT103 ; what are the uses and differences...

Ashis Maity

Nov 9, 2019
3 min

Different SWIFT payment system MT760/MT799/MT700 /MT103 ; what are the uses and differences...

#MT 700 (MT means Message Type) A Documentary Letter of Credit (DLC) or At Sight Letter of Credit (Sight LC) is a financial instrument,...

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Ashis Maity

Oct 10, 2019
2 min

USANCE LC ( Letter of Credit)

#USANCE LC vs #SIGHT LC A sight LC causes payment to be made immediately to the beneficiary/seller/exporter upon presentation of the...

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Info collected from Professional source

Oct 9, 2019
6 min

How does International paymaster works?

How does a #paymaster work? The primary purpose of a paymaster is to receive fees in #escrow by buyers in a large transaction, and...

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TYPE OF LC ( Letter of Credit, in use for Trading)

Ashis Maity

Dec 9, 2017
4 min

TYPE OF LC ( Letter of Credit, in use for Trading)

In the #trade #finance market, there are really only two basic forms of letters of credit: The #Standby #Letter of Credit (#SBLC) and...

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NEED LC / SBLC / DLC ; BUT YOUR BANK REFUSED ? OR ASKING COLLATERAL SECURITY ?

Escrow bank account ; how it works and for whom?

Type of Letter of credits ( LC ) used frequently

Different SWIFT payment system MT760/MT799/MT700 /MT103 ; what are the uses and differences...

USANCE LC ( Letter of Credit)

How does International paymaster works?

TYPE OF LC ( Letter of Credit, in use for Trading)

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