Export by LC method

Export by LC method

It is an international LC method. Letter of credit method for export and guarantee of sale and purchase is done between buyer and seller.

The term Documentary Letter of Credit, or more fully Letter of Credit, which is abbreviated as LC, is an international transaction method.

LC is a payment method in which there is a definite commitment to secure payment and purchase for the buyer and confirmation of full payment for the seller.

The LC method is use to pay all types of transactions in international trade. LC is also know as letter of credit. In the LC method, money is pay through a third party, which is usually a bank.

LC or opening LC
This method of international transaction is a type of payment method that is through the country’s banking system, where the opening bank requests a letter of credit for the buyer and the seller according to the LC, which, in case of full delivery of the goods, undertakes to deposit the money to the seller definitively and irrevocably. .

LC is an international transaction method for exchanging money between buyer and seller. In this method, the buyer is obliged to pay the amount that the buyer owes to the seller for receiving the goods or services through the bank at the time of delivery of the goods or services. And the guarantee of its payment is the same bank that is the link and mediator of the payment guarantee.

What is Performa?

Issuance of the proforma by the seller in the letter of credit or LC method must include all the items as well as services that the seller must provide to the buyer in return for payment.
In the proforma, as in a complete contract, additional explanations such as the type and quantity and conditions of delivery, place of delivery, and all the items include in the product should be mentione.

Also, in the proforma, the method of payment and the terms and time should be announced. If advance payment is made, it must be state.

If something is said between the buyer and the seller at the time of delivery, it must be written.

The product packing conditions must be state in the proforma.

The recipient’s company, the type of money deposited, and the method and amount of the deposit should be specified.

The letter of credit must be complete as well as it is one of the documents that are submitte to the bank along with the documents. And also it must be declare in all the cases of the contract between the buyer as well as the seller.
The more complete your proforma is, the higher its performance guarantee will be. Therefore, perhaps the most important part of this method is writing a complete proforma.

The proforma must be approve in writing by both parties to the transaction.
and then be present to the bank with documents.

our company

valid Aluminum (production of aluminum products)

*Types of thermal, normal, and curtain wall profiles, types of louvres*
Valid Aluminum Co., Tehran office

*Has a professional and experienced team in the field of implementation and supply of tools

* Production of special molds

* Supply of goods inside and outside the country

* Has active offices in Tehran and Karaj

* Manufactured product made from billet 6063

* Manufactured goods made from alloy billet at a reasonable price

*Experienced consulting team in the field of implementation and supply of tools

*Has active workers which respond to questions that happen for you to have about our products

*our company offers a lot of diffrent informations about the products within the range of it’s works

*by buying products from our company getting the materials that you want you’re almost garenteed to get them at a cheeper price then the other companies

*our company also offers even more information about diffrent kinds of products that you can reach by going to the sites that belong to Valid Aluminum

*our community is a hard working one so we would like it to be treat as such

*the way of communication could be through the apps like Whatsapp and (telegram: +989163079083) which we have the most active members there and
for cell calls (+989127351907)

* our company and their CEO has tried really hard to have the out most professionality and so, they have achived it

*when it come to the time for selling the products we have the out most trust to you and we expect it in return

validaluminum.com

Curtainwallco.com
cell phone :
021-91013538
021-66558279