Financial2012-09-28
Banking Related Information Description: L / C (LETTER OF CREDIT) L /C is an undertaking given by a Bank on behalf of its customer to pay a certain sum of money to a certain person ( Beneficiary ) on the fulfillment of certain terms and conditions as laid down in the letter of credit. Or-It is instrument issued by a Bank undertaking the payment on the fulfillment of certain terms and conditions as laid down in that letter of credit addressed to a beneficiary....
Catalog: Financial @ Services
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URL: www.bankall.org 
Last modified: 2012-09-28 18:47:05
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