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that it cost a lot of money to post the letter
which bank in Pakistan are working on back to back letter of credit?
You have to pay back the money, if you have gone over your limit ! "/ x
With the rampant credit card theft, its disadvantages are becoming more than its advantages.
Risk invilved in Back to Back L/C
that it cost a lot of money to post the letter
which bank in Pakistan are working on back to back letter of credit?
You have to pay back the money, if you have gone over your limit ! "/ x
With the rampant credit card theft, its disadvantages are becoming more than its advantages.
Risk invilved in Back to Back L/C
There are no major disadvantages specific to a Chevron credit card. There are disadvantages inherent in credit cards like annual fees or murky language and varying rates for different usages, but those are potential disadvantages to all credit cards.
This letter will need to be opened by your banker who will set a limit on your credit. It will also have a period that it needs to be paid back by.
advantages of credit policy
The advantages of a credit card is you can buy things that you don't have the money to buy. The disadvantages of a credit card is that you have to pay it off with interest in the future.
The disadvantages (which can cause money problems) is that credit is still too easy to gain. Credit is good provided you can pay back in time and can absorb the interest over the term. Those who take out credit they can't afford, soon realise they are in a downward spiral to an over whelming that they have no chance to get out off - often leading to the loss their home.
Both has same meaning, opening letter of credit establishing letter of credit once letter of credit is opened, credit is established.
Everything.