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Tag Archives: Guarantees issued for exporting

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Letter of Credit in Iranian Financial Law

Letter of Credit in Iranian Financial Law

Legal Financial AffairsBy adminOctober 22, 2021Leave a comment

Letter of Credit in Iranian Financial Law Letter of Credit in Iranian financial law is more about processes and procedures rather than specific rules. These processes are by no means different from the international common framework. As you know, a letter of credit is a negotiable instrument, also called documentary credit. This payment tool is…

Issuance of Bank Guarantees in Iran for Commercial Purposes

Issuance of Bank Guarantees in Iran for Commercial Purposes

Legal Financial AffairsBy adminOctober 20, 2021Leave a comment

Issuance of Bank Guarantees in Iran for Commercial Purposes Issuance of bank guarantees in Iran for commercial purposes is one of the most popular topics, especially in the context of exportation and importation facilities. In this article we are bound to show well-known sorts of bank guarantees in Iran and the process through which one…

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