Samples of letter of credit_International trade law

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Samples of letter of credit

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etter of credit is the Bank to the credentials that the purchaser or importer has the capacity to pay.

It has variety type, including investee a, and can revoked and not revoked credit; II, and insurance against and not insurance against credit; three, and that period payment credit; four, and acceptance credit; five, and extension payment credit; six, and on the pay credit; seven, and can transfer credit; eight, and back back credit; nine, and outside credit; ten, and advance credit; plenary, and cycle credit; 12, and alternate credit;

Main features of the credit: a letter of credit is a self-contained file is the second letter of credit was a plain document business is the primary payment responsibilityfor issuing bank

Previous term：Letters of credit are often in what went wrong?

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Samples of letter of credit

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