Corporate Trade Finance Products : Letter of Credit
| 11-10-2018 | by Nijay Gupta | treasuryXL | What is Letter of Credit/Documentary Credit under UCP 600 – ICC Paris: A letter of Credit is a sort of Guarantee issued by a Bank – Opening Bank, on behalf of a buyer(applicant) favouring the seller (Beneficiary) to honour the compliant documents presented thru a Bank […]
