Difference between revisions of "Issuing bank"

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* [[Letter of credit]]
 
* [[Letter of credit]]
 
* [[Negotiating bank]]
 
* [[Negotiating bank]]
 
  
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[[Category:Trade_Finance]]
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[[Category:Credit_Risk]]
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[[Category:Managing_Risk]]

Revision as of 12:28, 13 August 2014

Bank that issues a letter of credit.

The issuing bank is obligated to pay if documents are presented that comply with the letter of credit.

See also