Letter Of Credit Advising
Product Name
Letter of Credit Advising
Introduction
Advice of Letter of Credit refers to the notification of the received L/C or its amendments to the beneficiary by Bank of China (Malaysia) Berhad.
Features
The product can help the beneficiary (exporter) under the L/C timely receive the L/C or its amendments verified of their genuineness through the Advising Bank.
For Customers
The Beneficiary under Letter of Credit.
Application requirements
The enterprise is a registered company in Malaysia.
Documents Required
The Advising bank must maintain the correspondent bank’s relationship with the Issuing Bank.