More cards in this set

Card 6

Front

an undertaking by a bank to make payment, provided the terms and conditions are met

Back

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Card 7

Front

Facility whereby a bank assures the exporter that payment will be made by the bank directly

Back

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Card 8

Front

Documentary credits are governed by

Back

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Card 9

Front

Which document in LC gives description about how goods are packed?

Back

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Card 10

Front

uncoditional order of the seller to the buyer to pay a sum of money immediately or at a future date to the payee

Back

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Card 11

Front

LC there is no demand for payment from seller only promise to pay from issuing bank

Back

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Card 12

Front

Issuing bank or confirming bank accept a bill of exchange to pay in future

Back

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