Import & Export

► Export Letter of Credit

 An export letter of credit refers to a foreign bank undertaking issued on behalf of foreign importer. The issuing bank specifies all the requirements of its customer in the  letter of credit and undertakes to honor all drafts drawn in conformity to the credit terms and conditions

 ► Import Letter of Credit  

 A letter of credit is a commitment by the bank to pay the seller of goods or services of a certain sum provided the seller presents the documents specified in the terms  of the credit. 

 

 

 

 

Money Transfer

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  Exchange Rate 

 

  Date Jun. 06, 2020

 

Currency Buying Selling
1 USD

34.2890

 34.9748

1 EUR

38.4003

39.1683
1 GBP 41.0471 41.8680
AED 8.4474 8.6163
1 CAD 22.9625 23.4218
1 CHF 34.0891 34.7709
1 NOK 3.2791 3.3447
1 SAR 8.2629 8.4282
1 SEK 3.3315 3.3981

 

 

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