Letter Of Credit
外汇网2021-06-19 13:32:03
141
A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase, the bank will be required to cover the full or remaining amount of the purchase.
|||Letters of credit are often used in international transactions to ensure that payment will be received. Due to the nature of international dealings including factors such as distance, differing laws in each country and difficulty in knowing each party personally, the use of letters of credit has become a very important aspect of international trade. The bank also acts on behalf of the buyer (holder of letter of credit) by ensuring that the supplier will not be paid until the bank receives a confirmation that the goods have been shipped.
标签：
- 上一篇： Serial Bond With Balloon
- 下一篇： Easy-To-Borrow List
随机快审展示
推荐文章
- 黑马在线:均线实战利器 8794 阅读
- 短线交易技术:外汇短线博弈精讲 4108 阅读
- MACD震荡指标入门与技巧 4239 阅读
- 黄金操盘高手实战交易技巧 4590 阅读
- 做精一张图 3338 阅读
热门文章
- 港币符号与美元符号的区别是什么啊？ 25296 阅读
- 我国各大银行汇率为什么不一样啊？ 15428 阅读
- 越南盾对人民币怎么算的？越南盾对人民币汇率换算方法是什么 10381 阅读
- 百利好环球欺诈，不给出金，无法联系。 9929 阅读
- 黑马在线:均线实战利器 8794 阅读