Letter of Credit

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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

    About

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


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