Issuing bank: Difference between revisions
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imported>Administrator (CSV import) |
imported>P.F.cowdell@shu.ac.uk m (Categorise the page) |
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* [[Letter of credit]] | * [[Letter of credit]] | ||
* [[Negotiating bank]] | * [[Negotiating bank]] | ||
[[Category:Trade_Finance]] | |||
[[Category:Credit_Risk]] | |||
[[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.