Scribd Logo
Upload

Welcome to Scribd!

  • Back To Back LC

    Uploaded by

    Jayant Nair
    1K views1 page
    Goods Buyer 1. A gre e me Buyer receives goods against documents e me gre. Application to issues LC 5. Application to issue LC 17. Documents 12. Documents 16. Payment Issuing Bank / Buyer's Bank 15. Documents 13. Payment 14. Payment 15. Payment 16. Payment 17. Payment 18. Payment 19. Payment 20. Payment 21. Payment 22.

    Original Description:

    Original Title

    back to back LC

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Goods Buyer 1. A gre e me Buyer receives goods against documents e me gre. Application to issues LC 5. Application to issue LC 17. Documents 12. Documents 16. Payment Issuing Bank / Buyer's Bank 15. Documents 13. Payment 14. Payment 15. Payment 16. Payment 17. Payment 18. Payment 19. Payment 20. Payment 21. Payment 22.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    1K views1 page

    Back To Back LC

    Uploaded by

    Jayant Nair
    Goods Buyer 1. A gre e me Buyer receives goods against documents e me gre. Application to issues LC 5. Application to issue LC 17. Documents 12. Documents 16. Payment Issuing Bank / Buyer's Bank 15. Documents 13. Payment 14. Payment 15. Payment 16. Payment 17. Payment 18. Payment 19. Payment 20. Payment 21. Payment 22.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Back-to-Back Letter of Credit (LC)

    8. Goods
    Supplier /
    Buyer 1. A Beneficiary
    gre e nt
    e me
    nt g r eem
    Buyer receives 1. A
    goods against
    documents
    Middleman
    Beneficiary / applicant
    2. Application to issues LC

    5. Application to issue LC
    4. Confirmed LC
    17. Documents

    12. Documents

    9. Documents
    13. Payment

    14. Payment

    7. LC
    16. Payment
    11. Payment
    15. Documents Advising Bank /
    Issuing Bank / Advising Bank /
    Middleman’s Bank / 10. Documents
    Buyer’s Bank Supplier’s Bank
    3. LC (request to Confirming Bank /
    add confirmation) Issuing Bank 6. LC

    You might also like