Revocable letter of credit: Difference between revisions
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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:Manage_risks]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
[[Category:Trade_finance]] | [[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.