Current location - Loan Platform Complete Network - Bank loan - Who should I send the letter of credit for entrusted loans to?
Who should I send the letter of credit for entrusted loans to?
Entrusted loan refers to the loan business in which the principal provides funds from legal sources, and the entrusted bank issues, supervises the use and assists in the recovery according to the loan object, purpose, amount, term and interest rate determined by the principal. Customers include government departments, enterprises, institutions and individuals.

Company A entrusts Bank B to issue a loan of RMB10,000 to Company C. In this case, if it is necessary to confirm the entrusted loan when auditing Company C, it is necessary to send a letter to Bank B. ..