Payment of L/C :
At sight as per negotiating bank's instruction.
L/C Available with/by :
Credit is available with any bank in Bangladesh by negotiation at sight.
Type of Documentary Credit :
Irrevocable and transferable.
Partial Shipment and Trans Shipment :
Allowed
B/L Clause :
Full set clean on board original bill of lading issued unto the order of negotiating bank and endorsed by the same bank in favor of L/C opening bank.
Presentation of Documents :
21 days from the date of bill of lading.
L/C must be subject to UCPDC 1993 revision ICC publication no 500.
T/T PAYMENT : 70% IN ADVANCE AND BALANCE 30% AFTER RECEIVING FAX OR EMAIL COPY OF B/L.
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