Hong Kong companies can be opened back to back L / C up, the ratio is kind of how, specifically, what can I Yeah, acute
back to back LC for the Hong Kong company that needs 100% margin, so it can not guarantee transferable LC.
such as HSBC account in HK
credit processing pathways: foreign companies ----- A ------ ----- B ------ offshore companies import and export agents Company / Factory
HK HSBC can be notified row / negotiating bank to renew the permit to open or open new export agency / facility
Note: 1: HSBC if, as the credit, the documents need to pay HK and open trade account in HK
2: Transfer credit may direct operations, opening new card to guarantee payment in full the issuing bank of foreign trade
examination of the documents is correct, notify the seller confirm the documents, and give about 7 to 10 days payment terms, refuse to pay the overdue amount will be directly transferred credit. If a buyer non-payment, documents will be returned.
buyer receives the documents voucher pickup. Letters of credit opened
1.
Issuing import and export applications agreed upon payment by documentary credit, the importer has the responsibility to the issuing. The first thing is to complete the issuing application forms, this form to applicant and the issuing bank to establish a legal relationship, therefore, issuing issuing application forms is the most important document. Meanwhile, the domestic buyers fill.
the seller or the credit specified documents submitted to the negotiating bank. The bank may be the issuing bank or credit specified for payment, acceptance or negotiation bank. We suggest that you use your own bank for negotiation, in general, their bank can operate negotiation work.
review the bank documents under letters of credit. Negotiating bank is to review and correct way to access documents orthogonal after the issuing bank, the current domestic and foreign banks to accept limited power cable.
inform the local bank (issuing
users to answer
back to back LC for the Hong Kong company that needs 100% margin, so it can not guarantee transferable LC.
such as HSBC account in HK
credit processing pathways: foreign companies ----- A ------ ----- B ------ offshore companies import and export agents Company / Factory
HK HSBC can be notified row / negotiating bank to renew the permit to open or open new export agency / facility
Note: 1: HSBC if, as the credit, the documents need to pay HK and open trade account in HK
2: Transfer credit may direct operations, opening new card to guarantee payment in full the issuing bank of foreign trade
examination of the documents is correct, notify the seller confirm the documents, and give about 7 to 10 days payment terms, refuse to pay the overdue amount will be directly transferred credit. If a buyer non-payment, documents will be returned.
buyer receives the documents voucher pickup. Letters of credit opened
1.
Issuing import and export applications agreed upon payment by documentary credit, the importer has the responsibility to the issuing. The first thing is to complete the issuing application forms, this form to applicant and the issuing bank to establish a legal relationship, therefore, issuing issuing application forms is the most important document. Meanwhile, the domestic buyers fill
the seller or the credit specified documents submitted to the negotiating bank. The bank may be the issuing bank or credit specified for payment, acceptance or negotiation bank. We suggest that you use your own bank for negotiation, in general, their bank can operate negotiation work.
review the bank documents under letters of credit. Negotiating bank is to review and correct way to access documents orthogonal after the issuing bank, the current domestic and foreign banks to accept limited power cable.
inform the local bank (issuing