Advising bank: Difference between revisions
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imported>Administrator (CSV import) |
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 == | ||
* [[Letter of credit]] | * [[Letter of credit]] | ||
* [[Negotiating bank]] | * [[Negotiating bank]] | ||
[[Category:Trade_finance]] | |||
[[Category:Manage_risks]] | |||
[[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.
