Advising bank: Difference between revisions

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imported>P.F.cowdell@shu.ac.uk
m (Categorise the page)
imported>Doug Williamson
m (Added space before see also)
 
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In transactions involving letters of credit (LCs), an institution advising the beneficiary (exporter), of an LC opened in its favour.
In transactions involving letters of credit (LCs), an institution advising the beneficiary (exporter), of an LC opened in its favour.


== See also ==
== See also ==
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* [[Negotiating bank]]
* [[Negotiating bank]]


[[Category:Trade_Finance]]
[[Category:Trade_finance]]
[[Category:Credit_Risk]]
[[Category:Manage_risks]]
[[Category:Managing_Risk]]
[[Category:Risk_frameworks]]

Latest revision as of 16:44, 13 August 2014

In transactions involving letters of credit (LCs), an institution advising the beneficiary (exporter), of an LC opened in its favour.


See also