Revocable letter of credit: Difference between revisions

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Letter of credit than can be amended or cancelled at any time without notice to or consent of the beneficiary.
A letter of credit that can be amended or cancelled at any time without notice to - or consent of - the beneficiary.
 


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


[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Trade_finance]]

Latest revision as of 11:53, 6 July 2022

A letter of credit that can be amended or cancelled at any time without notice to - or consent of - the beneficiary.


See also