Scribd
Upload
34 views1 page

LC Confirmations

This document requests an opinion on the calculation of confirmation commission for letters of credit that involve acceptance or deferred payment. Specifically, it asks whether the commission is calculated based on just the validity period of the letter of credit or the validity period plus the tenor period. It also inquires if there are any guidelines on this in UCPDC 600.

Uploaded by

tahmidur rahman tanvir
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
34 views1 page

LC Confirmations

This document requests an opinion on the calculation of confirmation commission for letters of credit that involve acceptance or deferred payment. Specifically, it asks whether the commission is calculated based on just the validity period of the letter of credit or the validity period plus the tenor period. It also inquires if there are any guidelines on this in UCPDC 600.

Uploaded by

tahmidur rahman tanvir
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

 

Good Morning.

Your valued and clear opinions are very helpful for us.Now your lucid
opinion is requested on the following subjects.

Quote

What are the basis for calculation of confirmation commission for


acceptance/deferred payment L/C?

 
Whether it is for validity period of the L/C  or   validity period + tenor period of  the L/C ?

Is there any guideline in UCPDC 600?

Unquote  

You might also like