Credit is available with any bank in Bangladesh by negotiation at sight.
Type of Documentary Credit :
Irrevocable and transferable.
Partial Shipment and Trans Shipment :
Allowed
B/l Clause :
Full set clean on board original bill of lading issued unto the order of negotiating bank and endorsed by the same bank in favour of l/c opening bank and marked freight collect.
Presentation of Documents :
21 days from the date of bill of lading.
Presentation of Documents :
L/C must be subject to ucpdc 1993 revision icc publication no 500.
T/T PAYMENT : 50% ADVANCE FOR START PRODUCTION AND BLANCE 50% AFTER INSPECTION AND BEFORE SHIPMENT.