Steps in Import Letter of Credit Transaction



Steps in Import Letter of Credit Transaction :




The Sales Contract

Application & Agreement

Issuance of the Letter of Credit

Advising



SELLER - Sales Contract – BUYER - Letter of credit application - ISSUING BANK - Request to advise and, if applicable, confirm letter of credit – ADVISING / CONFIRMING BANK - Advice of letter of credit – SELLER


























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Steps in Import Letter of Credit Transaction
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