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Both has same meaning,

opening letter of credit

establishing letter of credit

once letter of credit is opened, credit is established.

Q: How is opening letter of credit different from establishing letter of credit?

This answer is:

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Both has same meaning,

opening letter of credit

establishing letter of credit

once letter of credit is opened, credit is established.

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It is a Letter of Credit covering commodities.

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Revolving Documentary Letter of Credit

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100000 letter of credit interest rate

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Banking organizations usually write letter of credit. The purpose of the letter of credit is so that you don't have to put down a deposit. This deposit could be for an electric company or any such place. You do need good credit to get a letter of credit.

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Credit and Debit Cards

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How soon after you are denied credit must you receive notice both verbally and by letter

How long does a bankruptcy stay on a credit report

How long will negative information concerning your use of credit be kept in your credit report

How long will credit inquiries remain on your credit report

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Credit and Debit Cards

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How soon after you are denied credit must you receive notice both verbally and by letter

How long will negative information concerning your use of credit be kept in your credit report

Which of these is the best description of delinquency

How long will credit inquiries remain on your credit report

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5.0

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Credit and Debit Cards

25 cards

How soon after you are denied credit must you receive notice both verbally and by letter

How long does a bankruptcy stay on a credit report

How long will negative information concerning your use of credit be kept in your credit report

How long will credit inquiries remain on your credit report

➡️

See all cards

☆★☆★☆★☆★☆★

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