Revocable letter of credit and Shared Service Centre: Difference between pages

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Letter of credit than can be amended or cancelled at any time without notice to or consent of the beneficiary.
(SSC). Shared Services provide a service by one part of an organisation or group where previously the service had been found in more than one part of the organisation or group. The funding and resourcing of the service is shared so the providing department becomes an internal service provider.  


== See also ==
== See also ==
* [[Irrevocable letter of credit]]
* [[Outsourcing]]


[[Category:Trade_Finance]]
[[Category:Credit_Risk]]
[[Category:Managing_Risk]]

Revision as of 14:20, 23 October 2012

(SSC). Shared Services provide a service by one part of an organisation or group where previously the service had been found in more than one part of the organisation or group. The funding and resourcing of the service is shared so the providing department becomes an internal service provider.

See also