We need 90 days L/C in favor of HSBC, Hong Kong for our business client:
• Business client in Ankara, Turkey
• Import electronics-ready cell phones from China: Shipment by Air
• Value: $1.1 Million FOB China, Exporter’s bank: HSBC Hong Kong: 1 Queen’s Road Central, Hong Kong.
• Irrevocable & confirmed L/C or equivalent from a reputable international bank preferably: HSBC. Credit L/C: 90 days from date of air way bill.
• The Turkish Business will pay freight and 45% customs duty in cash.
• Necessary administrative, insurance and banking arrangements, and inspection of the consignment before shipping by client’s own technical staff at China.
Please advice procedure to open above L/C promptly. Thanks.