5.2. Risks from the opening bank L/C To more safely and avoid risks from the Bank, then the thing to note for export business in General and the company in particular, Agifish is when the international payment to choose the Bank represented the two sides really prestigious since the signing of the contract and bind the Bank's liability in contracts , need to be proactive in requesting open L/C at the prestigious Bank, named years. On the other hand, companies need to consult advice from banks in the country to seek a better understanding of the bank payment partners. In the case of exports to the market risks, the focus is on banks than issuing bank and bank notice requiring the presence of a third intermediary bank as confirming bank. The Bank confirmed to be restrictive or only as the Agent Bank of the L/C issuing bank in the country of export. The Bank is considered almost a tool insurance, for the prestigious Bank of the party of export and import side Bank, is the commitment of payment for exporters should the company can feel secure about your money.
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