Showing posts with the label LETTER OF CREDITShow All
LETTER OF CREDIT
How Letter of Credit Works?
What is Letter of Credit? A letter of credit (LC) is a document issued by a bank that guarantees the payment to a seller on behalf of a buyer, if cer…
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LETTER OF CREDIT
How to avoid demurrage Charges in letter of credit?
Below the 3 ways to avoid demurrage Charges in letter of credit? 1-Reduce Time period for Presentation in LC: Depending on the country you are impo…
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