08.04.2021 Views

Letter of Credit – How to Open LC from Rated Banks

Read this PDF document to know more on Letter of Credit Process and how LC at Sight helps importers to conclude their trade dealings without facing cash flow issues and trading risks. If you’re looking to get LC at Sight on behalf of your company for an upcoming trade deal, you can submit your DLC MT700 requirements to us! For More Info: Visit: https://importletterofcredit.com/letter-of-credit/ Email Us: support@importletterofcredit.com Call Us @ +971-4-5519699 Call/WhatsApp/BOTIM: +971-50-4648761

Read this PDF document to know more on Letter of Credit Process and how LC at Sight helps importers to conclude their trade dealings without facing cash flow issues and trading risks. If you’re looking to get LC at Sight on behalf of your company for an upcoming trade deal, you can submit your DLC MT700 requirements to us!

For More Info:
Visit: https://importletterofcredit.com/letter-of-credit/
Email Us: support@importletterofcredit.com
Call Us @ +971-4-5519699
Call/WhatsApp/BOTIM: +971-50-4648761

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Contacting Banks with LC Request

If You’re Contacting Your Bank to Open LC for your Imports and

Exports, then You Will Need to Comply with the Terms and Conditions

of the Bank.

• First, the Bank Will Check your Creditworthiness & Will Analyze

your Financial Background.

• Second, To Proceed with the LC Request, They Will Ask for a 100%

Cash Margin.

• If You Fail in Any One of the Terms Mentioned Above, They Will

Decline your LC Request.

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