Search Results for: Drawings
bank, known as the issuing bank, on behalf of one of its customers, authorizing another bank, known as the advising or confirming bank, to make payment to the beneficiary. the issuing bank, on the request of its customer, opens the 'letters of credit'. the issuing bank makes a commitment to honor drawings
bank, known as the issuing bank, on behalf of one of its customers, authorizing another bank, known as the advising or confirming bank, to make payment to the beneficiary. the issuing bank, on the request of its customer, opens the 'letters of credit'. the issuing bank makes a commitment to honor drawings...
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