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Zircon consultancy created new article
3 years ago - Translate

What is Domestic LC Discounting? | #domestic LC Discounting

What is Domestic LC Discounting?

Letter of Credit discounting is a financial instrument issued by a bank through which the bank guarantees payment from a buyer to the seller at a lower rate of interest against LC if certain criteria are met. When buyers and sellers both belong to India, the discounting process is called D
What is Domestic LC Discounting?
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Zircon consultancy created new article
3 years ago - Translate

Invoice Discounting and Type | #invoice Discounting #invoice Discounting and Type

Invoice Discounting and Type

Invoice Discounting is the process of selling bills to an invoice discounting firm for less than the invoice amount.
Invoice Discounting and Type
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  • https://www.zirconconsulting.in/invoice-discountin

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  • Invoice Discounting is the process of selling bills to an invoice discounting firm for less than the invoice amount.
    Invoice Factoring involves a third party between the buyer and the supplier. The third party is the factor, in this case, buying outstanding invoices from a corporation at a discount. This allows the company access to future funds and also gives the third-party factor a larger debt value.
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