إسأل Accountant الآن

Ahmad Hawamdeh

Ahmad Hawamdeh

Accountant

الأسئلة المجابة 8639 | نسبة الرضا 98.1%

Banking & Finance

I wish to know about LC process. I have an LC...

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I wish to know about LC process. I have an LC which is cleared and documents were submitted to bank on 15 Feb. it shows status in system as “under process” but nothing is paid till today. What shall I do

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إجابة الخبير: Ahmad Hawamdeh

Ahmad Hawamdeh

Ahmad Hawamdeh

Accountant

الأسئلة المجابة 8639 | نسبة الرضا 98.1%

Under process is a flexible term used in banks to avoid giving the customer a specific date for the completion of his transactions, as the LC's transactions must be performed by employees manually, and cannot be implemented automatically so, in light of global conditions and the result of corona virus outbreaks and the disruption of banks as part of the measures to stop the outbreak of the disease.
That may cause more delays than usual to complete your transaction. 

إسأل Accountant

Ahmad Hawamdeh

Ahmad Hawamdeh

Accountant

الأسئلة المجابة 8639 | نسبة الرضا 98.1%

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