Exchange rate for Marine Insurance


(Guest)

In case of Marine Insurance, Insurance co taken advance premium

While issuing certificate of consignment which rate of exchange should be considered as the invoive raised in FC and the conversation rates are flexible day by day

Is it will the Notional   Rate of Custom, which is different from Bank rate or Exchange rate of  Bank

& If conversation rate taken according to bank then which date will be applicable  either Invoice Date or Shipped date.