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What is the difference between credit shelter trust and irrevocable trust?
Wiki User
∙ 15y ago
What is the difference between credit shelter trust and irrevocable trust?
Wiki User
∙ 15y ago
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What is the difference between a bond and a security?
A bond in this context is issued by a surety company and is a form of guarantee. Security can take the form of a cash deposit, an Irrevocable Letter of Credit or a surety bond.
What is irrevocable revolving nontransferable documentary letter of credit?
it's a business transaction done between 02 parties and a bank holding credit
What is difference between rural credit and micro credit?
What is the difference between micro credt and rural credit?
What is the difference between installment credit and open ended credit?
the difference between installment credit and open ended credit is they are the same..
What is the difference between a bank loan and a bank credit?
What is the difference between bank loan and bank credit?
If you open an irrevocable Letter of credit and the supplier does not supply you with the goods that you ordered specifically can you cancel the letter of credit prior to shipment of goods?
You can't cancel the letter of credit without the permission of the beneficiary, if the L/C is irrevocable.
Explain the difference between a cash and credit transaction for purchass and sales?
explain the difference between cash and credit transaction
Difference between banker's acceptance and letter of credit?
differecences between banker's acceptance and letter of credit
What is the difference between irdlc and rdlc?
IRDLC and RDLC are both types of documentary letters of credit. An IRDLC (Documentary Irrevocable Letter of Credit) can not be changed or canceled by the buyer. Payment must be issued by the buyers bank. These are very common. An RDLC (Documentary Revocable Letter of Credit) can be changed or canceled by the buyer at any time without notifying the seller. These are very rarely used.
What is the difference between personal credit and business credit?
The difference between personal credit and business credit is that personal credit only applies to one person; one's self. However business credit can be applied to the employees in any company which are covered by the business insurance.
Is there such a thing as an Irrevocable Letter of Insurance?
There sure are Irrevocable Letters of Credit. Those are used by Insurance companies, Importers, Exporters and others as paying methods. Maybe that is what you mean. Please check the web links for Letters of Credit. Hope this helps!
What is the difference between a Platinum card and a regular credit card?
The major difference between a Platinum credit card and a standard credit card is that with a standard credit card credit limits are lower than what they would be with a Platinum credit card. Interest rates will differ as well.
