The standby letter of credit is issued by banks or financial institutions. It is given to vouch on the integrity of the seller and purchaser, acting as an intermediary. It is a guarantee of payment issued by the [...]
Credit
Here are some tips that a person must keep in mind while writing a documentary letter of the credit. This letter is a formal letter. So, one should stick to the format of the letter. In addition, letter [...]
Documentary letter of credit is a well-known fact that a credit facility is important, especially for the people involved in business activities. The banks or any other financial institutions issue a Documentary letter of credit, which works as [...]
A Letter of credit is basically issued from one financial institution or any institution of the same kind to a person to make a confirmation in respect of his/her credit application. These documents clearly specify that the person [...]
The Credit Inquiry Letter is written when an applicant wants the complete information about the credit cards to choose the right credit which covers his/her demands. This letter is an important one that makes the people knowledgeable about [...]