Documentary Letters of Credit
Letters of credit
irrevocable obligation of the paying bank (issuer) to pay the seller/beneficiary for providing the bank with documents conforming to the terms of the letter of credit and confirming the shipment of goods/services
Expanding the geography of sales, the economic benefit of a letter of credit in comparison with prepayment for goods/services
Import and export letters of credit
including reserve letters of credit
Types of collateral for letters of credit
Covered letters of credit
availability of 100 % cash coverage
Uncovered letters of credit
availability of a credit line
Application for advice on letters of credit