Please
refer to BPRD Circular No.06 dated May 22, 2008 on the
above subject.
It has been decided to extend the list of exempted items
requiring no cash margin on import Letters of Credit.
List of additional exempted items is enclosed herewith.
These instructions shall be enforced with immediate effect.
However,
other instructions contained in the above referred Circular
will remain unchanged.
Please
acknowledge the receipt.
Encl: Additional
list of items which require no cash margin on import L/C