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  • Term of the Week

Performance Guarantee / Bond

Advance Payment Guarantee / Bond

Bid Bond Guarantee /Tender Bond

Types of Letters of Credit

Back-to-Back Letter of Credit

Term of the Week! Word – “Back-to-back letters of credit “

What can be changed in Transferable LC?

Transferable Letter of Credit

   

When a Sight Letter of Credit becomes due?

A confirmed letter of credit is an arrangement where a confirming bank adds its undertaking in addition to that of issuing bank to honor or negotiate.

Term of the Week- Sight LC

Term of the Week!Word – ” Sight LC “

Term of the Week- Confirmed letter of credit