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IMPORT LC OPENING LC ISSUING (SIGHT)COMMISSION 0.40 PCT PER QUARTER, MIN BDT 750LC ISSUING (USA NCE) LC AGAINST 100 PCT CASH MARGIN LC ISSUING (BACK TO BACK) SWIFTLY CONFIRMATION OF LC APPLICATION

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What is lc opening?

LC opening refers to the process of opening a Letter of Credit, which is a payment mechanism used in international trade transactions.

Who is required to file lc opening?

The buyer or importer is usually required to file the LC opening.

How to fill out lc opening?

To fill out LC opening, the buyer needs to provide details such as the beneficiary, amount, expiry date, and terms and conditions.

What is the purpose of lc opening?

The purpose of LC opening is to provide payment security for both the buyer and the seller in international trade transactions.

What information must be reported on lc opening?

The LC opening must include details such as the beneficiary's name, amount in the agreed currency, expiry date, shipping terms, and any specific requirements.

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