* Peru: About 83% of those polled do terms on
open account with a fairly balanced split between offering 30, 60 or 90 days.
1367 regulations there is a repayment on
open account debt to which gain might be recognized only if there is a net decrease in the amount of such indebtedness for the year, determined by comparing the amounts outstanding at the beginning and end of the tax year.
Confirmed irrevocable letters of credit and cash in advance are common in Hungary, although
open accounts tend to be used once trading relationships have been established.
The Minister urged the departments concerned to extend the date of GD filing and payment through
open account. It is worth mentioning that a PFIA delegation led by its Deputy Chairman Ejaz Tanveer had a meeting with the Minister recently and apprised him the grim situation prevailing due to the latest orders by the SBP.
There is no note, so the loan is
open account debt.
In these instances, an
open account - that is, advancing credit terms - may be preferable.
Many exporters with regular accounts use an
open account or documentary collection to guarantee payments.
Lahore -- Pakistan FMCG Importers Association (PFIA) expressing concern over abolition of
open account facility for importers has urged the State Bank of Pakistan (SBP) for its immediate restoration.
1.1367-2 and -3 (REG-144859-04), to address concerns about the treatment of S shareholders'
open account debt.
Open account via betrescue and receive, pounds 20 when you bet pounds 20.
In August, we told you of an
open account case involving Winrock Grass Farm Inc.'s owner Frank B.
Using the services of the Ex-Im Bank to ensure
open account payment terms will prove very attractive to foreign customers.