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Bank Contract, Customs - Exim - SEZ

Issue Id: - 108808
Dated: 25-6-2015
By:- Rudrayani Shedjale

Bank Contract


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Hello

We have received a document called as Bank Contract from our customer which seems like combination of LC & DP.

We have informed by the customer that original copy of such bank contract (BC) is not necessary to receive in our bank & we can proceed the shipment.

& as we do in LC terms-that submits the documents to Importer's bank through our bank(exporter) have to do the same

but then there aren't our bank details mentioned on BC

only our name is written over there as supplier.

please advise on this BC(bank contract) term

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