A letter of credit helps you facilitate the purchase or sale of goods and services locally or overseas on credit by removing the payment risk and supply risk.
It helps you buy goods on credit and by specifying proper documents you can ensure the quality of the goods, mode of transport, proper packaging, and the time and place of delivery.
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Types
- Irrevocable Letters of Credit
- Standby Letters of Credit
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Terms and conditions may vary. Please refer to the detailed terms and conditions here.
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