MT700 - Buyer & Seller Belongs To Same Bank And Same Branch

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srikanth2410
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MT700 - Buyer & Seller Belongs To Same Bank And Same Branch

Post by srikanth2410 » Wed Mar 26, 2014 5:39 pm

hi,
can we give an Letter of credit where both buyer and seller belongs to same bank and same branch??
if we give an lc, the inward message will come to same bank. do that create any problem??

realkisser
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MT700 - Buyer & Seller Belongs To Same Bank And Same Branch

Post by realkisser » Sat Apr 12, 2014 12:49 pm

Hi,
No they don't.
:)

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