Accumulative Revolving and Transferable DC

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ihadvani
Posts: 1
Joined: Tue Mar 26, 2024 8:08 am

Accumulative Revolving and Transferable DC

Post by ihadvani » Sun May 05, 2024 11:07 am

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
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