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by DeepakP
Wed Jan 03, 2001 12:00 am
Forum: General
Topic: Red-Clause L/C claim,
Replies: 5
Views: 3484

Red-Clause L/C claim,

How does the beneficiary(exporter)
get the amount specified in the Red Clause?
Does he have to make a negotiation?
Does any documented have to be presented?
How does the settlement between banks
take place for the red clause amount?