PARA 4.15
- Document type
- Procedure
- Reference no.
- 15
- Dated
- Category
- HB Vol.1 ( upto 31/08/2004)
Back to Back Inland Letter of Credit (LC)
4.15
The exporter may alternatively avail the facility of a back to back inland letter of credit from the banks. An Advance Licence holder, and a DFRC holder, may approach a bank for opening an inland letter of credit (LC) in favour of an indigenous supplier.
The exporter may alternatively avail the facility of a back to back inland letter of credit from the banks. An Advance Licence holder, and a DFRC holder, may approach a bank for opening an inland letter of credit (LC) in favour of an indigenous supplier.