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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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Document Date: 2007-02-15 07:54:22
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File Size: 54,79 KB
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IndustryTerm
electronic bank-to-bank transfers /
bank fees /
bank takes /
credit insurance /
advisory bank /
bank /
product manufacturer /
/
SocialTag
Legal documents
Contract law
Economics
Letter of credit
Credit
Documentary collection
Factoring
Export
Cheque
Business