Sanjayjmandavia's
Buyer's Credit And Supplier's Credit
Buyers Credit and Suppliers Credit are a form of trade
credit used by businessmen to reduce their working capital
cost. This blog provide complete details about the same.
Incase of Suppliers Credit, LC is modified to add details as per the requirement of Overseas Bank. This article gives detail of the field which need to be modified and type of clause to be added in…