The Super Awesome Study Guide For Business Aspects In Banking And Insurance Exam

The Super Awesome Study Guide For Business Aspects In Banking And Insurance Exam

Advertisement Introduction: A subject that all of us are very familiar with is Business Aspects in Banking and Insurance. The name of the subject itself comprises of words such as banking and insurance that we use in our day to day conversation and why not money forms the most...

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What are the essential checks when the Letter of Credit is received?

Essential checks when the Letter of Credit is received   It is essential to check the Letter of Credit as soon as it is received. The following is a checklist to be reviewed immediately on receipt of a Letter of Credit: Is the credit subject to UCP500? Are there...

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What are the Common Discrepancies among Letter Of Credit?

Common Discrepancies among Letter Of Credit   Following are the discrepancies normally observed in export documents and the exporters are advised to keep them in view while tendering the documents to the negotiating bank- Credit Expired Late shipment Claused bill of lading Presented after permitted time from date of...

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