What are the charges on Letter of Credit to import Tractors and can we transfer in EUROs?

What are the charges on Letter of Credit to import Tractors and can we transfer in EUROs?
January 6, 2020 Kelechi Okekeghe
  • For credits, up to 180 days: 1% of the face value
  • For credits, up to 270 days: 1.25% of the face value
  • For credits, up to 360 days (these charges are on
  • The period of validity of the credit): 1.5% of the face value
  • We can transfer Euros if the invoice is in EUROs.