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Wide DirectoryListing Details
ID: | 44986 | |
Title: | export LC | | |
URL: | https://bit.ly/2FUwZmS | |
Category: | Finance and Money: Financing | |
Description: | Many exporters ask their buyers to arrange a letter of credit. This is a payment guarantee from the buyer's bank. It is intended to ensure that the exporter can ship the goods and be confident that the buyer will pay for them later. But the LC payment guarantee is conditional upon specified documents being provided by a given date. An LC becomes discrepant if the exporter fails to meet the deadline or provides documents that do not match what is specified. Each failure is called a discrepancy | |
Meta Keywords: | export LC | |
Meta Description: | Many exporters ask their buyers to arrange a letter of credit. This is a payment guarantee from the buyer's bank. It is intended to ensure that the exporter can ship the goods and be confident that the buyer will pay for them later. | |
Link Owner: | Primadollar2 | |
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