Free Trial

Trade Finance Magazine Copying and distributing are prohibited without permission of the publisher

JP Morgan launches LC re-issuance service with UBI

01 November 2011

JP Morgan has launched a letter of credit (LC) re-issuance services programme with Union Bank of India through the Indian bank’s Hong Kong branch.

Read more: JP Morgan letter of credit Union Bank of India

JP Morgan has launched a letter of credit (LC) re-issuance services programme with Union Bank of India through the Indian bank’s Hong Kong branch.

Under the arrangement, JP Morgan will support UBI in the issuance of Asia-bound LCs....


Upcoming Events

Quote

If the US banks are saying they’re taking the business, I’m not sure where they’re taking it from.

Supply chain solutions find their feet in a crisis - April 2012