Difference between revisions of "Issuing bank"

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The issuing bank is obligated to pay if documents are presented that comply with the letter of credit.
 
The issuing bank is obligated to pay if documents are presented that comply with the letter of credit.
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== See also ==
 
== See also ==
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* [[Negotiating bank]]
 
* [[Negotiating bank]]
  
[[Category:Trade_Finance]]
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[[Category:Trade_finance]]
[[Category:Credit_Risk]]
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[[Category:Manage_risks]]
[[Category:Managing_Risk]]
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[[Category:Risk_frameworks]]

Latest revision as of 16:42, 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