What is a missive of credit? when you are you introduction and distribute how do you travel in the order of first an LC?
How plentiful types of LCs are at hand? People discuss more or less confirmed LC, irrevocable LC, what exactly do they miserable?
Answers:
You step through a financial institution.
Say you purchase a $100,000 worth of products from a company in another country. Your sandbank holds the $100,000, and sends the supplier a memo of credit. When you receive the product, you sign for it, and the supplier can in a minute bring back compensated the money.
actually the word "credit" is a misnomer.
you actuall enjoy to hold the money. the edge only writes
a memorandum of guarantee , and freezes the funds for the capitalist. next upon recipt, the bring back their money.
Any hints are compassionately appreciated. Please, no ruthless comments!?
I am narayanan from india ,i want business partner in any couuntry?
Royal Mail Recorded Delivery...?
What nice of company should I form?
If i took a position surrounded by a counter making factory,would i be counter productive to the company?
Answers:
You step through a financial institution.
Say you purchase a $100,000 worth of products from a company in another country. Your sandbank holds the $100,000, and sends the supplier a memo of credit. When you receive the product, you sign for it, and the supplier can in a minute bring back compensated the money.
actually the word "credit" is a misnomer.
you actuall enjoy to hold the money. the edge only writes
a memorandum of guarantee , and freezes the funds for the capitalist. next upon recipt, the bring back their money.