Archive:Letters of Credit/Activities: Difference between revisions
wikademia>Wikademia m moved Letters of credit related activities to Letters of Credit/Activities over redirect |
wikademia>Wikademia |
||
| (One intermediate revision by the same user not shown) | |||
| Line 1: | Line 1: | ||
1. As the exporter, you have just received a confirmed transferable letter of credit. What are the characteristics of this type of letter of credit?<br> | 1. As the exporter, you have just received a confirmed transferable letter of credit. What are the characteristics of this type of letter of credit?<br> | ||
Latest revision as of 19:23, 29 May 2009
1. As the exporter, you have just received a confirmed transferable letter of credit. What are the characteristics of this type of letter of credit?
2. As the exporter, you have just received a confirmed standby letter of credit. What are the characteristics of this type of letter of credit and when will you use it?
3. As the importer, you have applied to your bank to issue a non-transferable irrevocable letter of credit. What are the characteristics of this type of letter of credit?