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Al-Rafidain announces the opening of documentary credits for ministries, traders and private sector

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Post by rocky on Thu 20 Feb 2020, 1:51 am

[size=36]Al-Rafidain announces the opening of documentary credits for ministries, traders and private sector companies[/size]

Economy | 10:22 - 20/2020

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Baghdad - Mawazine News
, Al-Rafidain Bank announced, on Thursday, the opening of documentary credits for state ministries, merchants and private sector companies, with soft commissions.
"The bank is ready to receive requests to open documentary credits for merchants and the public and private sectors in financing foreign trade," the bank’s media office said in a statement received by Mawazine News.
He pointed out, "Opening the documentary credit for the merchants who carry out the operations of importing and exporting their goods and shipping them and taking them out if they conform to the legal conditions in an easy way at the bank because the Rafidain Bank is a government agency and therefore the completion of the documentary opening letter of credit is according to quick procedures that differ from other banks." End 29 A43


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Post by rocky on Thu 20 Feb 2020, 2:06 am

Rafidain Bank announces the opening of documentary credits to ministries, traders and private sector companies

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(Baghdad: Al Furat News) Al-Rafidain Bank announced the opening of documentary credits to state ministries, merchants and private sector companies with soft commissions.
The bank’s media office said in a statement that the Al Furat News Agency received a copy of it, “The bank is ready to receive requests to open documentary credits for traders, the public and private sectors in financing foreign trade.”
He pointed out, "Opening the documentary credit for the merchants who carry out the import and export of their goods and shipping them and taking them out in the event that they meet the legal conditions are easy in the bank because the Rafidain Bank is a government agency and therefore the completion of the documentary opening letter of credit is according to quick procedures that differ from other banks."
Ammar Al-Masoudi


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Post by rocky on Thu 20 Feb 2020, 2:26 am

Al-Rafidain announces the opening of documentary credits for ministries, traders and private sector companies

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Economy News _ Baghdad
Al-Rafidain Bank announced, on Thursday, that documentary credits will be opened for state ministries, merchants and private sector companies, with soft commissions.
The bank's media office said in a statement, "Economy News" received a copy of it, "The bank is ready to receive requests to open documentary credits for traders, the public and private sectors in financing foreign trade."
He pointed out, "Opening the documentary credit for the merchants who carry out the import and export of their goods and shipping them and taking them out in case they conform to the legal conditions are easy for the bank because the Rafidain Bank is a government agency and therefore the completion of the documentary opening letter of credit is according to quick procedures that differ from other banks."

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Al-Rafidain announces the opening of documentary credits for ministries, traders and private sector  Empty Rafidain Bank announces the opening of documentary credits to ministries, traders and private sector

Post by rocky on Thu 20 Feb 2020, 2:27 am

[size=22]Rafidain Bank announces the opening of documentary credits to ministries, traders and private sector companies

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[size=18](Baghdad: Al Furat News) Al-Rafidain Bank announced the opening of documentary credits to state ministries, merchants and private sector companies with soft commissions.

The bank’s media office said in a statement that the Al Furat News Agency received a copy of it, “The bank is ready to receive requests to open documentary credits for traders, the public and private sectors in financing foreign trade.”
He pointed out, "Opening the documentary credit for the merchants who carry out the import and export of their goods and shipping them and taking them out in the event that they meet the legal conditions are easy in the bank because the Rafidain Bank is a government agency and therefore the completion of the documentary opening letter of credit is according to quick procedures that differ from other banks."
Ammar Al-Masoudi


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Post by rocky on Thu 20 Feb 2020, 2:48 am

[size=35][size=35]Al-Rafidain announces the opening of documentary credits for ministries, traders and private sector companies[/size]
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Economie

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2020-02-20 | 04:11
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[size=18]Al-Rafidain Bank announced, on Thursday, that documentary credits will be opened for state ministries, merchants and private sector companies, with soft commissions.


The bank’s media office said in a statement, Alsumaria News received a copy of it, “The bank is ready to receive requests to open documentary credits for traders, public and private sectors in financing foreign trade.”

He added, "Opening the documentary credit for the merchants who carry out the import and export of their goods and shipping them and taking them out in the event that they meet the legal conditions are easy for the bank because the Rafidain Bank is a government agency and therefore the completion of the documentary opening letter of credit is in accordance with quick procedures that differ from other banks."







A documentary credit is a written commitment issued by a bank at the request of the buyer for the benefit of the seller, whereby the bank is obligated to fulfill within a specified amount during a certain period whenever the seller provides the commodity documents in accordance with the instructions of the credit terms.


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