letter of credit is the most widely

letter of credit is the most widely used instrument of international banking. It has had a long and successful history as a means of facilitating international trade, particularly during times of economic and political uncertainty.
letter of credit is the bank instrument that assure the person
selling merchandise of payment if he makes the agreed-upon shipment.
On the other hand, it also assures the buyer that he is not required to pay until the seiier ships the goods. It is thus a catalyst that provides the buyer and the seller with mutual protection in dealing with each other

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Letter of credit is the most widely used instrument of international banking. It has had a long and successful history as a means clustering of facilitating international trade, Particularly Economic and Political khi times of uncertainty.
Letter of credit is the bank instrument có Assure the person
selling merchandise of payment if he Makes the Agreed-upon shipment.
On the other hand, it assures the buyer có am also not required to pay he is off until the seiier ships the Goods. It is a catalyst có thì the buyer and the seller provides mutual protection with each other in dealing with