In case of LC extension the bank commission is based on total amount or the remaining amount of the LC if it’s partially paid?

Question added by Haggag Hassan , Operations Coordinator , Gulf Group for Mechanical and Electrical Works
Date Posted: 2020/05/05

Upvote (0) Views (2) Followers (1) Answers (1) Report Question

by mafas jameen , Senior Accountant , Professional Builders Trading Contracting W.L.L ( Construction Division Of EBMC)

Normally for Remaining amount but there will be a minimum amount of charge will be applicable , it depends bank tariff policy.

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