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Counting Letter Of Credit Tenor Quarter

Posted: Wed Sep 30, 2015 6:11 pm
by Nurul
Dear Sir,

If letter of credit opened in the evening of 30th September then quarter will be count from 30th September or ist October?

Awaiting your kind reply.

Regards
islam

Commissions problem?

Posted: Thu Oct 01, 2015 12:45 am
by picant
Hi Pal,

is it a commissions problem? Or Central Bank Report problem?
Let me know
Ciao

Letter of credit quarter

Posted: Sat Oct 03, 2015 4:35 pm
by Nurul
Dear Sir,

Normally most of the buyer wants to keep the letter of credit within ist quarter ti avoid commission.

rgds
islam