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Certificate Of Origin Is Required For Local LC

Posted: Fri Oct 03, 2014 3:28 pm
by rejisac
Is Certificate of Origin required as a part of the document in the Local LC? Especially, when the Customer does not insist for that?

Local l/c

Posted: Sun Oct 12, 2014 4:06 pm
by picant
Hi Pal,

if the goods are local goods or considered local; imported and paid customs duties etc, certificate of origin is not required, if not specifically requested by local law.
Ciao

COO

Posted: Wed Oct 15, 2014 1:11 am
by M.A.Chowdhury
What documents required is subject to the local LC. Bank may have a policy to handle LC transaction.