What is the given process known as? - ProProfs Discuss
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What is the given process known as?

In respect of export bills drawn under LC, if the documents are found to be strictly in terms with LC condition the Bank of the export customer / or the nominated Bank make payment of a bill to the exporter and send the bill for the realization to the LC Issuing Bank or reimbursing Bank.

Asked by Bishnu, Last updated: Mar 20, 2022

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bishnu1960

bishnu

bishnu1960
Bishnu

Answered May 06, 2018

Negotiation of export bill under LC
Discounting of export bill under LC
Purchase of Export Bill Under LC
Reimbursing of Export Bill Under LC
Confirming of Export Bill Under LC
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