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by ihadvani
Sun May 05, 2024 11:07 am
Forum: Trade Finance
Topic: Accumulative Revolving and Transferable DC
Replies: 0
Views: 2695

Accumulative Revolving and Transferable DC

Hi,

My question is it okay to issue accumulative revolving transferable DC to 15 beneficiaries (locally and foreign).
What are the concerns being an issuing bank we should keep when issuing such DC.

Regards,

Imran