Archive:Letters of Credit/Activities: Difference between revisions
wikademia>Wikademia m 2 revisions |
wikademia>Wikademia |
||
| (4 intermediate revisions 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> | ||
| Line 10: | Line 7: | ||
<div style="float:right;">[[Letters of Credit/Resources|Prev]] | [[Letters of Credit/Assessment|Next]] | <div style="float:right;">[[Letters of Credit/Resources|Prev]] | [[Letters of Credit/Assessment|Next]] | ||
[[Category:International | [[Category:International business]] | ||
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?