Noun:

আকলপত্র,

letter of credit's Usage Examples:

A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in.

entities participating in the letter of credit transaction: the seller, the buyer, and the banker.

Therefore, a letter of credit theoretically fits as a collateral.

For example, the importer's bank may provide a letter of credit to the exporter (or the exporter's bank) providing for payment upon.

With a letter of credit (LOC), a financial institution — usually a bank — is paid a fee to.

Another example of an implied contract is the payment method known as a letter of credit.

known as a notifying bank) advises a beneficiary (exporter) that a letter of credit (L/C) opened by an issuing bank for an applicant (importer) is available.

A circular letter of credit was a letter of credit issued by a bank or related financial institution to a private person, usually an individual of means.

A bank guarantee is similar to but not the same as a letter of credit.

A letter of credit or LC can also be the source of payment for a transaction, meaning that redeeming the letter of credit will pay an exporter.

when the payment is by means of a letter of credit.

An air waybill executed according to the terms of the letter of credit allows the shipper to present the.

type of letter of credit that is paid by a time draft authorizing payment on or after a specific date, if the terms of the letter of credit have been.

A standby letter of credit (SLOC) is a letter issued by a bank guaranteeing payment to a beneficiary.

and that the state inappropriately drew "50 million from the standby letter of credit the company established for the project.

TeamTennis required Bereman to sign a US"87,500 letter of credit before the start of the season.

A cheque guarantee card was literally an abbreviated portable letter of credit granted by a bank to a qualified depositor in the form of a plastic card.

issued with most money center banks preferring to issue a standby letter of credit (SBLC) instead, primarily due to the banks familiarity with the undertaking.

of Commerce (ICC) Banking Commission as a means to move away from letter of credit schemes toward "support[ing] the development of a globally accepted.

to the sector, including locker facilities, bank guarantee, bills, letter of credit, insurance, ancillary services, deposit schemes and loan schemes.

Synonyms:

PS; address; open letter; name and address; business letter; dead letter; mail; dead mail; crank letter; invitation; form letter; missive; air letter; document; encyclical letter; aerogram; round robin; line; personal letter; epistle; aerogramme; chain letter; textual matter; cover letter; postscript; pastoral; encyclical; text; destination; correspondence; covering letter; fan letter; letter of intent; airmail letter;

Antonyms:

ordinal; uppercase; lowercase; superscript; subscript;