Dear Credit, OH and Documents Team,
Let me update on the situation:-
- TB has informed me today that they will remit the funds for due payments of November and December on Wednesday.
- I was exploring the option to issue LC for November shipment as back up. Deutch Bank has even confirmed. However, TB has utilized it’s LC credit and they don’t have further space to issue LC.
- Now, we need to wait till Wednesday for funds to get deposited in our account and take decision on release of shipment on advise of Credit Team.
Warm Regards,
Apoorva Dixit
M: 85835 3976
GTalk: apoorva227