Issuing bank: Difference between revisions
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imported>Doug Williamson m (Added space before see also) |
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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. | ||
== 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 16:42, 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.