The next do not understand the role of offshore accounts, what is the process how the operation of LC like?
simply, is the price difference, the use of offshore companies to do transit
1, both import and export signed a contract for the sale of goods
2, the importer apply for the issuing
3, the issuing bank to open letters of credit, and Airmail notify the exporter or the location of the telecommunications agency, namely: the advising bank
4, bank advises the exporter
5, exporters receive the letter of credit, and found them DOCUMENTS (ie: the exporter to submit a full set of documents referred to a letter of credit advising bank or other bank, the bank payment)
6, negotiating bank send a single claim, namely: payment to the exporter's bank letter of credit provided by a full set of documents to the issuing bank or other bank requests reimbursement payment, payment received after payment of the full line of document < br /> 7, the importer paid redeem the importer and found them full payment and related expenses paid, obtain a full set of documents to this, the importer and the issuing bank to open letters of credit between the composition due to the contractual relationship shall end < br> more agent that is very easy to operate more on offshore can always contact us
[color = DarkRed] [size = 5] [b] to your customers to open L / C, you can not pay 100% of the deposit. [/ B] [/ size] [/ color]
[size = 4] [color = Magenta] case: a number of goods G, domestic suppliers A B business with Hong Kong companies signed a contract of $ 100 million to the Hong Kong Companies B $ C 120 million contract with foreign customers.
where, A for exportershong kong company incorporation, B as middlemen, C as importers. BANK A for domestic advising bank, BANK B as B company account rows, BANK C as issuing bank.
transferable credit
1. C to B to open the L / C, the amount of $ 120 million, this card is called the mother card.
2. B to mother card based, BANK B to A
User Solutions
simply, is the price difference, the use of offshore companies to do transit
1, both import and export signed a contract for the sale of goods
2, the importer apply for the issuing
3, the issuing bank to open letters of credit, and Airmail notify the exporter or the location of the telecommunications agency, namely: the advising bank
4, bank advises the exporter
5, exporters receive the letter of credit, and found them DOCUMENTS (ie: the exporter to submit a full set of documents referred to a letter of credit advising bank or other bank, the bank payment)
6, negotiating bank send a single claim, namely: payment to the exporter's bank letter of credit provided by a full set of documents to the issuing bank or other bank requests reimbursement payment, payment received after payment of the full line of document < br /> 7, the importer paid redeem the importer and found them full payment and related expenses paid, obtain a full set of documents to this, the importer and the issuing bank to open letters of credit between the composition due to the contractual relationship shall end < br> more agent that is very easy to operate more on offshore can always contact us
[color = DarkRed] [size = 5] [b] to your customers to open L / C, you can not pay 100% of the deposit. [/ B] [/ size] [/ color]
[size = 4] [color = Magenta] case: a number of goods G, domestic suppliers A B business with Hong Kong companies signed a contract of $ 100 million to the Hong Kong Companies B $ C 120 million contract with foreign customers.
where, A for exportershong kong company incorporation, B as middlemen, C as importers. BANK A for domestic advising bank, BANK B as B company account rows, BANK C as issuing bank.
transferable credit
1. C to B to open the L / C, the amount of $ 120 million, this card is called the mother card.
2. B to mother card based, BANK B to A