Dear cdcs please clarify the follwoing question broadically
Can ISB give a PI in case of confirmed LC?
Dulari
Can ISB give a PI in case of confirmed LC?
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Can ISB give a PI in case of confirmed LC?
Dear dulari
Please can you advise what you mean by PI in this case in order that I may respond?
thank you Jackie
Please can you advise what you mean by PI in this case in order that I may respond?
thank you Jackie
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Can give...
I suppose, PI stands for Payment Instyructions and my response goes with that assumption.
ISB can mention specific payment instruction to Neg/Adv bank to pay specific amount as an advance which may be needed for BEN as pre-shipment advance. This is referred as Red/Green Clause LCs which may require respective supporting docs.
ISB can mention specific payment instruction to Neg/Adv bank to pay specific amount as an advance which may be needed for BEN as pre-shipment advance. This is referred as Red/Green Clause LCs which may require respective supporting docs.