Different types of LC.

 Definition of LC: It means Letter of credit. It is a commitment letter issued by a bank on behalf of the importer in favor of the exporter. Through this letter bank make commitment to the exporter that increase of importer unable to pay the bill after receiving the goods according to all terms and condition then bank will pay the bill to the exporter.

LC

1. Commercial LC: A standard LC, also called as documentary credit.

2. Revocable: The LC can be cancelled or changed at any time by the buyer or the issuing bank without any notification. Such types of letter are not used frequently as the beneficiary is not provided any protection.

3. Irrevocable LC: 

100 buyers list for garments and textile

100 buyers list for garments and textile 

  
1.      Adidas
2.      American Eagle
3.      Academy
4.      Asmara
5.      Algodon
6.      Air Solution

what is sample? Different types of samples.

Definition and types of sample.

Definition: The garments which are needed for bulk production or which is used through the process sequence is called sample.

  In apparel manufacturing the different samples are required as follows :

1. Approval sample: According to specimen sheet, the sample which is approved by buyer is called approval sample.