clause 41-d

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amran_raza
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Joined: 03/08/2010
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hi,

what does means of "available with...by any bank in" beneficiary countary.

thanks 

 

 

smmujeeb
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Joined: 07/29/2008
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clause 41-d

Raza, 41D means, availability of credit.

If  for eg : 41D:HSBCBank,

That menas your LC is resticted to HSBC Bank.

in your case it is available with any bank, that menas it is freely negotiable, you can present the documents to any bank in your country.

Regards!!!!

Mujeeb :-) 

amran_raza
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thanks

thanks