Best Trade Solution

i have question which is more related to loans and advances i think.

say you are the issuing bank and discounting a deferred payment LC, on whose account you book the liability? applicant?

thanks!!

dear,
Interesting indeed.
Option 1
IB can discounting the bill by taking a loan fm its offshore banking unit or fm foreign correspondent.
Option 2
IB can book a liability in its own name and discounting the bill
Option 3
There may an arrangeent with the applicant that IB can make aloan on applicants account and discounting the bill.
Regards
Nesar