Currency, Interest Rate And Time Limit For Outward Documentary Bills
Outward documentary bill Of currency For the original currency of the document, Negotiating interest rate According to the status of international financial market, the cost of application bank financing, the credit risk of the issuing bank, and other factors.
The proportion of the amount of the bill is approved by the bank according to the actual situation. The maximum amount is 100% of the amount of the document. After deducting the bank charges and interest, the net will be included in the business account.
If the actual receipt date exceeds the time limit for the bill, the bank will supplement the interest on the negotiation.
Spot outward documentary bill
term
According to the area and route of export collection, the time limit for forward letter of credit is third working days from the date of acceptance of the issuing bank to the expiry date of payment.
If the time limit for the negotiation is exceeded, the bank has the right to recourse the amount of the bill, interest and bank charges after the bank has not resumed the negotiation payment after negotiation with the issuing bank.
- Related reading
[Number: 43499]&Nbsp; Notice Of The Customs Tariff Commission Of The State Council On Tariff Implementation Plan 2011 (Tax Committee) (2010]26)
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