国际结算室实务英语5.pptVIP

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  • 2019-01-18 发布于福建
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国际结算室实务英语5

Inter-look of the four methods of payment in I.S -- Payment in advance -- Open account -- Collection -- Letter of credit A L/c is a written undertaking by the issuing bank to the beneficiary, under which the bank will pay a sum certain in money to the beneficiary if the beneficiary of the L/C provides the bank with specified documents within a prescribed time period, which all comply with the terms and conditions of the credit. Characteristics of a letter of credit -- A written undertaking on the part of the is

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