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Habib Bank Limited

Habib Bank Limited

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Published by viper9595

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Published by: viper9595 on Feb 15, 2010
Copyright:Attribution Non-commercial


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It May or may not be the advising bank. An authorized bank that gives the value to
the draft for processing and payment.

Reimbursing bank:

Reimbursing bank is the bank, which on the behalf of the opening bank, honors the
Reimbursing claim lodged by the negotiating bank.

Modes of payment:

Sight letter of credit:

The seller submit all the documents with draft in the importer country
Complying with the all terms and conditions. The payments are made on the presence of
the documents.

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