| Mode |
|
Terms |
| Payment of L/C |
: |
At sight as per negotiation banks instruction |
| L/C available |
: |
Credit is available with any bank in Bangladesh by negotiation at sight |
| Type of documentary credit |
: |
Irrevocable and transferable |
| Partial shipment and transshipment |
: |
Allowed |
| B/L clause |
: |
Full set clean and board original bill of landing issued in to 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 |
|
Twenty one days from the date of bill of landing |
| ICC publications no. |
|
L/C must be subject to ucpdc-1993 revision ICC publication no-500 |
| TT |
|
Allowed advance TT only. |
Related Banks:
Mercantile Bank, Mirpur-10, Dhaka, Bangladesh.