0
Who should pay the Stamp duty for Loan Agreement - Bank or Loan applicant - Why?
Wiki User
∙ 13y ago
The Home buyer has to pay a certain amount of money as stamp duty on the loan amount, which is known as stamp duty loan. Percentage of stamp duty loan depends on the value of the residential property that the buyer is buying. Paying stamp duty is compulsory while purchasing a residential property as its registration.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Calculation of lc confirmation charges?
LC confrmation charges is the charges paid to confirmation bank and born by the applicant, normally a confirmaton bank is bank which give the payment on the presentation of documents by applicant,s bank
Will the applicant bank make payment to the beneficiary bank for non delivery using the after sight LC?
according to a HSBC bank officer in China, he said the applicant must make payment even if the seller does not deliver the goods, for using the after sight 90 days LC....I do npt agree because what is the point of having UCP600/ICC ? if there is no govern body to safeguard the applicant ?
What are the interest rates for personal loans through Bank of America?
Interest rates for personal loans at Bank of America are varied depending on the borrower's credit score. As these rates are personalized for each loan applicant, Bank of America requires the applicant to visit one of their banking centers to apply.
What's the difference between a bank guarantee and a letter of credit?
Letter of credit is a financial paper for guaranteed payments, whereas a bank guarantee is a guarantee given by the bank to the beneficiary on account of the applicant, to begin payment if the applicant defaults in payment. If you're looking for one, then Pepagora Trade Finance offers these services
How can take mt799 and mt760 for UK bank draft in Indians bank?
it all depends on Bank agreement and on BG or SBLC conditions.
Where can you get a medallion signature stamp in WA?
YesWithout a bank account
Which bank in the US offers online applicant tracking?
Bank of America offers online applicant tracking. Nowadays the Bank have online applicant tracking because it very useful for online customers that use banking service.
Calculation of lc confirmation charges?
LC confrmation charges is the charges paid to confirmation bank and born by the applicant, normally a confirmaton bank is bank which give the payment on the presentation of documents by applicant,s bank
Will the applicant bank make payment to the beneficiary bank for non delivery using the after sight LC?
according to a HSBC bank officer in China, he said the applicant must make payment even if the seller does not deliver the goods, for using the after sight 90 days LC....I do npt agree because what is the point of having UCP600/ICC ? if there is no govern body to safeguard the applicant ?
What are the interest rates for personal loans through Bank of America?
Interest rates for personal loans at Bank of America are varied depending on the borrower's credit score. As these rates are personalized for each loan applicant, Bank of America requires the applicant to visit one of their banking centers to apply.
Does citibank have a medallion signature guarantee stamp?
Yes, and there should be no charge if you are a customer of the bank..
What's the difference between a bank guarantee and a letter of credit?
Letter of credit is a financial paper for guaranteed payments, whereas a bank guarantee is a guarantee given by the bank to the beneficiary on account of the applicant, to begin payment if the applicant defaults in payment. If you're looking for one, then Pepagora Trade Finance offers these services
What is the purpose of a tellers bank stamp?
A teller's stamp is used to identify that teller by banking center and individual identification number. What it is used on depends on the bank, but typically a teller will stamp straps of cash that they have verified, documents they have created in relation to a transaction, etc.
Agreement to lease commercial important clauses?
i want to draft a lease agreement for opening a branch of bank
Can power of attorney cash us savings bond?
Yes, the grantor needs to fill out form PDF 5188 and have the signature validated with a medallion stamp or bank stamp by a certifying officer at a bank.
How can take mt799 and mt760 for UK bank draft in Indians bank?
it all depends on Bank agreement and on BG or SBLC conditions.
What does endorsement mean in banking?
Verified by the bank, usually with their Seal/Stamp, authenticating the document (usually a bank statement).
