letter of credit?

abhishreshthaa

New member
here is the information about WHAT IS LETTER OF CREDIT and ITS IMPORTANCE IN IMPORT AND EXPORT..

please check the attached file

Letter of Credit

A letter of Credit is a commitment on the part of buyer bank to pay or accept draft drawn upon it provided draft do not exceed a specified amount.


Types of Letter of Credit

•Irrevocable

•Revocable

•Confirm

•Unconfirmed

•Clean Letter of Credit

•Fixed Credit

•Revolving Letter of Credit


:SugarwareZ-057:
 

Attachments

  • Trade Editoral06 - The LC Review.pdf
    154.6 KB · Views: 11
  • 15427657-International-Trade-Importance-of-Letter-of-Credit.pdf
    47.7 KB · Views: 11
  • 38621622-Letter-of-Credit.ppt
    78.5 KB · Views: 11
  • 37656475-Letter-of-Credit.ppt
    874.5 KB · Views: 10
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