Payment of L/C-

:

At Sight as per negotiating bank's instruction.

 

L/C Availability with/by

:

Credit is available with any bank in Bangladesh by negotiation at sight.

 

Type of Documentary Credit

:

Irrecoverable and transferable

 

Trans Shipment

:

Allowed

 

Bill Clause

:

Full set clean on board original bill of lading issued unto the order of negotiating bank and endorsed by the same bank in favour of L/C opening bank and marked freight collect

 

Presentation of Documents

:

21 days from the date of bill lading

 

ICC Publications No

:

L/C must be subject to UCPDC 1993 revision ICC

 

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