1. IB Import Not Under LC
  2. Product Code – IINA
  3. Introduction

2.2.1 Introduction

This Product is used to book the Incoming Usance Bills Not under LC Acceptance, for both Credit Compliant & Discrepant Document Submitted by the Remitting bank.

This Product can be used to provide Discount (On Behalf of Importer/Drawee) to Remitting Bank.

Change of Operation Acceptance to Discount.

Parent topic: Product Code – IINA