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Legal documents / Contract law / Economics / Letter of credit / Credit / Documentary collection / Factoring / Export / Cheque / Business / International trade / Finance
Date: 2007-02-15 07:54:22
Legal documents
Contract law
Economics
Letter of credit
Credit
Documentary collection
Factoring
Export
Cheque
Business
International trade
Finance

Export Practice: Letters of Credit Introduction Letters of credit are bank guarantees to pay a seller (usually an exporter) for goods or services that the seller has shipped to a buyer (usually an importer). The letters

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