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

Author Detail

  • Author Name

    Kishor Bhatt


    Mr. Kishor H Bhatt is B. Com. (Hons.), LL.B., C.A.I.I.B. and a Chartered Member of The Chartered ...

    View Profile