Letter of Credit

Letter of Credit :

In EXPORT process, Letter of Credit (In short L / C) is the very important document. This is the confirmation of order from the importer who makes it clear that, once the goods are sent as per his specifications, his bank will pay the money. There are certain other documents which should be submitted with L / C to remain convinced that the money will be paid.

There are various types of Letter of Credit.

L / C and Negotiating Documents under L / C :

  1. Mechanism of a Letter of Credit
  2. Uniform Customs and Practice for Documentary Credit
  3. Revocable or Irrevocable Letters of Credit
  4. Confirmed Credit
  5. Transferable Credit
  6. With or Without Recourse Credit
  7. Revolving Letter of Credit
  8. Transit Credit
  9. Back to Back Credit
  10. The Sight Credit
  11. The Credit Available Against Time Drafts
  12. Usance Credit
  13. The Deferred Payment Credit
  14. Acceptance Credit
  15. Anticipatory Credits
  16. Credits Available by Installments
  17. Restricted and Unrestricted Credits
  18. Accepting a Letter of Credit
  19. Letter of Credit Checklist and Guide for Exporters
  20. Importance of Complying with Line of Credit Terms

Related Links :

  • Application for Dealership
  • Appointment Letter
  • Basic Agreement Forms
  • Basics of Business Letters
  • Business Communication
  • Business Idioms & Phrases
  • Business Promotion Letter
  • Business Proposal Letters
  • Confirmation Letter
  • Eviction Letter
  • Farewell Letter
  • Forms and Pro-Formas
  • Friendly Letters
  • Going Out of Business Letters
  • Interview Letter
  • Introduction Letters
  • Marriage Invitation
  • Nomination Letter
  • Official Letters
  • Order Letter
  • Personal Letters
  • Reference Letters
  • Rejection Letter
  • Representation Letter
  • Resume Basics
  • Sample Letter
  • Students Letters
  • Tenancy Related Letters
  • Testimonial
  • Types of Business Letters
  • Writing Business Letters
  • Writing Resume

    How to Export? Index

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