Can The bank transfer the L/C if my boss, a middleman is doing the following trade terms?
Currency differs ( e.g. Customer's original L/C - Euro dollars , Supplier's L/C - US dollars)
Incoterms (e.g. Customer's original L/C - DDP , Supplier's L/C - FOB Shenzhen)
Transfer L/C
2008-12-29 4:35 am
回答 (2)
2009-01-02 5:07 am
✔ 最佳答案
First of all, this Master L/C must stipulate that it is transferable, otherwise nothing can do.For your situtation, request your banker to issue a Back to Back L/C against this Master L/C is much better. If not, if your boss have good relationship with bank, you may request for issue a normal L/C for shipment of the goods.
I think you better consult Bills Department of your banker for the best method.
2008-12-29 7:00 am
L/C can't be transferred but L/C can be back to back. If possible, you can pledge the original L/C to bank for issuing another outgoing L/C for differ currencies and incoterms.
收錄日期: 2021-04-13 17:58:48
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