Letter of Credit

  • 95
  • 100

Book Description

Letter of Credit is one of the methods by which settlement of payment takes place in a highly-secured manner. It is a conditional assurance issued by a banker on behalf of the applicant assuring the beneficiary the payment of his dues upon shipment and satisfactory compliance with the terms; conditions and stipulations set out in the letter of credit.

ISBN – 13 : 978-8193434512

Book Detail

  • Book Title

    Letter of Credit

  • Book Type

    International Trade

  • Date Published

    Aug 31, 2018

Author Detail