same bank for a LC document as opening bank, Negotiating bank and notifying

[Former Member]

Hi Gurus,

Please guide me in the following respect.

Is it possible to select same bank as opening bank, Negotiating bank and notifying bank in a letter of credit? If yes, please guide me how to do the same.

Thanks & regard.

[Former Member]

thanks

[Lakshmipathi]

Please search in google who will be

a) the opening bank,

b) the negotiating bank and

c) the notifying bank

in shot, they are different

Coming to your query on

Is it possible to select same bank

the answer is NO

thanks

G. Lakshmipathi

[Former Member]

Hi

Is it possible to make one bank as negotiating and notying bank?

Thanks in advance.

Pranab