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Free Letter of Credit: Traps (100% discount)


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Description

L/C is abbreviation of English words letter of credit.

Letter of credit (L/C), also, documentary credit (D/C), is a well-known banking tool, which guarantees to the seller to receive a payment for sold goods without financial risks.

Against the buyers order the bank takes obligations within a certain period of time to pay to the seller cost of the goods after the seller presents to the bank the documents agreed with the buyer.

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