This forum deals with all aspects of immigration to Canada, landed immigrant status, work permits, etc.
Moderator: Ron Liberman
3 posts • Page 1 of 1
LC is actually an account being opened by banks for the purpose of expo n imp in which you deposit Ur money for the payment to the party u r dealing with. if the party does not provide u a delivery then u can stop the amount of LC being payed to the party. u have to fill a margin money which is 110% generally of Ur trading amount. it differs from bank to bank.