Documents under Letter of Credit presented to RHB Bank will be checked for compliance with the terms and conditions of the Original LC regardless whether LC advised by the bank. Subject to the availability of bank limit, RHB Bank will negotiate and advance funds or undertake to negotiate compliant documents depending to your funding needs.
• Improved cash flow to fund working capital requirements
• Allows you to pay your suppliers early and secure better pricing
• You are assured of payment on the basis of compliance documents and not on the goods or services
to which it may relate
• Added protection and without recourse to you if the LC is confirmed by RHB Bank
|
|
