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Chartered Accountant (CA) is a financial expert skilled in auditing, taxation, and financial management. Their meticulous attention to detail ensures accuracy in financial reporting. With a profound understanding of complex financial laws, CAs provide invaluable insights for businesses to thrive. Diligent, ethical, and adept at problem-solving, they're indispensable assets.

contact

  • 9660901007
  • info@sariwal.com
  • +91-9660901007

Letter of Undertaking


At Sariwal Consultancy, a Letter of Undertaking (LoU) holds significant importance as it is a document issued by a bank to facilitate international trade transactions for its clients. By providing this document, the bank assures the beneficiary of the LoU that the client will fulfill the obligations of the trade deal. LoUs are particularly valuable for import transactions, serving as an alternative to bank guarantees or collateral. They enable importers to obtain goods from foreign suppliers without requiring immediate payment, thereby enhancing the efficiency of international trade operations.

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