What is L/C?

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WhatisL/C?WhatisL/C?WhatisL/C?L/Cisshortforletterofcredit.Itisaguaranteeofgettingthepaymentfromthebu

What is L/C?
What is L/C?

What is L/C?
L/C is short for letter of credit. It is a guarantee of getting the payment from the buyer issued by a bank on condition that a full set of documents required by the buyer after delivery can be delivered to the bank by the beneficiary on time and without mistake.,

信用证Letter of Credit

How is the L/C related to the Sales Contract? 因为信用证属于银行信用,对于双方履约都比较有保障,因此经常在国际贸易中使用。销售合同只要规定了