My business is importing from overseas, what is a transferable documentary letter of credit?
Last Updated: 21 Jun 2016
This is a letter of credit that specifically provides the original beneficiary the right to transfer either all or part of the benefit of the letter of credit to a third party.
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Your organisation can request the Card Manager module through your ASB Relationship Manager or the FastNet Business Helpdesk on 0800 ...
Once your organisation has the Card Manager module, your FastNet Business Administrator can provide access to other FastNet Business users ...
Exporters and importers can use a standby letter of credit as a backup which only activates in the event of ...