EASYOFFICE
EASYOFFICE
EASYOFFICE

Lc latter

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
25 April 2016 Dear Sir,
Plz expain the importance & use of LC
Latter and in which case it is required,

Regard
Prashant gupta
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
25 April 2016 it is letter of credit. Normally used in import-export trade. The letter is given by the bankers of the buyer
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
29 April 2016 its also use as credit sources also as its term max 90 days. rate of intt. under LC is mostly lower than C/c limit or OD.

its use also purchase for import or inland seller.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links