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NumeroUno Provides LC Confirmation to BusinessMan

Item Details:

  • Address Map: No.65, Alpha Bazar, Venus Atlantis, Prahlad Nagar, Near S. G. Highway, Ahmedabad 380 015 Gujarat
  • Indian City: Ahmedabad
  • State: Gujarat
  • Postal Code: 380015
  • Expires: This ad has expired

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  • Item listed by: on February 3, 2015

    Item Description:

    A Letter of Credit is a written instrument issued by a bank, at the request of its customer – the Importer (Buyer), whereby the bank promises to pay the Exporter (Beneficiary) for goods or services, provided that the Exporter presents all documents called for, exactly as stipulated in the Letter of Credit, and meet all other terms and conditions set out in the LC. A LC is also commonly referred to as a Documentary Credit.
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