LC to iran

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sukanya
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Joined: 07/05/2010
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We are importers , based in India. We wish to open LC for Import from Iran. Can we open an LC  in Dollars ??

pan
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Joined: 09/13/2007
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Risky

Hi Friend,

Ask your bank, if it possible to trade with IRAN, some time it is difficult to pay the transactions, specially in USD as we have to pass through a common correspondent in USA. Remember that, now, a MT202 cov, contains more details about the tru beneficiary.

Let me know.

Ciao