A record issued by a bank ensuring the installment of a client’s draft up to an expressed sum for a particular period, gave that predefined terms and conditions are met.
« Back to Glossary IndexLOC (Letter of Credit)
« Back to Glossary Index
A record issued by a bank ensuring the installment of a client’s draft up to an expressed sum for a particular period, gave that predefined terms and conditions are met.
« Back to Glossary IndexAre you a business owner in a high-risk industry? If so, you
Read moreAre you a business owner or entrepreneur who is planning for
Read more