LCs

LCs

Representational image. File Photo: Minhaj Uddin/TBS

BB allows third party guarantee on export payment

Under the policy, payment undertakers or insurers will arrange export payment in case of default by importers

Exporting without LCs - a risky game

Exporting without LCs - a risky game

File Photo: Pexels

Bills must be submitted and encashed within June: Finance Division

High LC confirmation fee big challenge for businesses 

High LC confirmation fee big challenge for businesses 

Bangladesh-India border. Photo: Rehman Asad

Bangladesh, Kolkata conducting infrastructure study of 4 northeast LCS

Root Group: Story of a defaulter, an LC that never was, and dubious pay-order

Root Group: Story of a defaulter, an LC that never was, and dubious pay-order

No VAT registration, no letter of credit

No VAT registration, no letter of credit