https://www.taxtmi.com/forum/issue?id=4733 Exporter requests banks that will negotiate or discount letters of credit and shipping documents for exports to CIS, Asia Oceania and Eastern Europe. The practical response is that domestic banks generally process such transactions through correspondent banking relationships abroad; exporters should therefore approach major nationalised banks that maintain correspondent networks to arrange negotiation or discounting of documentary credits. en-us Wed, 19 Sep 2012 14:56:39 +0530 Thu, 23 Jan 2025 15:57:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4733 Exporter requests banks that will negotiate or discount letters of credit and shipping documents for exports to CIS, Asia Oceania and Eastern Europe. The practical response is that domestic banks generally process such transactions through correspondent banking relationships abroad; exporters should therefore approach major nationalised banks that maintain correspondent networks to arrange negotiation or discounting of documentary credits. Discussion-Forum Companies Law Wed, 19 Sep 2012 14:56:39 +0530 https://www.taxtmi.com/forum/issue?id=4733