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Discounting under silent confirmation.

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Thu, 02/25/2016 - 00:51
odysseysunny
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Joined: 02/25/2016
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Hello everybody,

 

I need your kind advices.

We are textile raw materials trading company. we sell to china and receive unconfirmed LC s from Chinese banks. we need the lc to be silently confirmed and discounted without recourse as a confirming bank.

do you have any bank suggestions?

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Thu, 02/25/2016 - 22:42
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pan
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Joined: 09/13/2007
Depends on ....

Hi Friend,

 

contact a chinese bank in your Country! You may, at least, discount already accepted documents presentation.

Ciao

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