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Letter of credit at site is a kind of Letter of Credit. It is basically when the bank has to release the payment when the goods reach the specified site as agreed upon in the terms and conditions of the L/C or the transaction

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13y ago

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

Both has same meaning, opening letter of credit establishing letter of credit once letter of credit is opened, credit is established.


What is the government site for free credit reports?

There IS no government site for free credit reports, since credit reports are provided by private firms, NOT by the government.


What is a commodities letter of credit?

It is a Letter of Credit covering commodities.


What companies offer interest-free credit cards?

Here is a site that talks about interest free for 18 months credit cards www.moneysavingexpert.com Cards , Here is a site that talks about credit cards www.moneysupermarket.com/credit-cards


All the clauses of letter of credit?

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.


What is RDLC one type of letter of credit?

Revolving Documentary Letter of Credit


How do you calculate letter of credit need?

100000 letter of credit interest rate


Where is there a comparison site that compares various secured credit cards?

Use a trusted site like bankrate.com to determine which credit card is best for you.


How does the process of a letter of credit work?

Getting a letter of credit will help make a case for your character. With a letter of credit, banks will look at you as a favorable borrower.


Buyers credit - Letter of credit?

A red clause letter of credit is similar to a letter of Credit which is written to state or confirm the availability of funds for a particular transaction between the seller and buyer. However, a clause is included in the letter stating that the stated amount or credit can be advanced immediately on showing the letter.


Where can I find a list of the companies that provide the best corporate credit cards?

I would check this site out www.creditcardguide.com . Or I would check out this site www.bankaholic.com/credit-cards . These site should help you out.


How do you discount a letter of credit?

HelloMost banks discount your letter of credit at rate of 3% to 20% but n our case we have a very strong relationship with our bank and we can for certainty discount your letter of credit at 75-80%.Please contact me if you need to discount your letter of credit or can have a letter of credit issued .my email:theswiftd@gmail.com