Confirmed letter of credit: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13 and spacing) |
imported>P.F.cowdell@shu.ac.uk m (Categorise the page) |
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Latest revision as of 12:26, 13 August 2014
International trade.
Letter of credit to which the advising bank adds its confirmation to the credit, assuring the exporter that payment will be made under the terms of the letter of credit even if the issuing bank defaults.
