Export-Import

F59: Beneficiary is a mandatory field in MT700 SWIFT message. This field specifies the party on which favor the LC is issued. Like the Applicant [...]

Last updated on June 3rd, 2021 at 05:10 amSWIFT is a secure message platform used by banks. There are various types of SWIFT [...]

LCAF form is a Letter of Credit Authorization Form. It is used to allow opening LC (Letter of Credit) to import from abroad. [...]

Last updated on June 3rd, 2021 at 05:10 amF71D (Charges) is an optional field in the MT700 type SWIFT message. This field specifies [...]

Last updated on April 22nd, 2021 at 09:13 amF50: Applicant is a mandatory field in MT700 SWIFT message. This field specifies the party [...]

Proforma Invoice (PI) is a must document for Letter of Credit. This document provides information regarding goods/services quantity, price, delivery, buyer and seller [...]

Last updated on June 3rd, 2021 at 05:11 amWhen it comes to the discussion of the letter of credit, then obviously you have [...]

Last updated on April 22nd, 2021 at 09:13 amField 39A is the percentage credit amount tolerance mentioned in the MT700 SWIFT message of [...]

Last updated on June 3rd, 2021 at 05:12 amF48 is an optional field in MT700 swift message of Documentary letter of credit. F48 [...]

Last updated on June 3rd, 2021 at 05:13 amPreviously I’ve discussed important fields present in a Letter of Credit (i.e F46A Required Documents, [...]