Lesso 16.pptVIP

Lesson Sixteen Asking for L/C Amendment (1) Introduction Sample letter Key words and phrases Exercises Introduction What should exporters do first of all on receiving Ls/C? When an exporter receives a letter of credit from the importer or from the importer’s bankers or through an advising bank, it is always important to examine the details mentioned in the letter of credit. If there is any discrepancy, the exporter should immediately contact the importer and request the latter to arrange with the issuing bank to send an amendment in time. Introduction What points should we pay