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1. letter of credit is issued by the Bank, at the request of the importer, seller undertakes on the payment of a certain sum, within a certain period of time, if a seller produce a set of valid vouchers, as regulatory2. in the traded good, when the seller does not believe in the possibility of payment by the buyer, they will request the buyer must have the guarantee of payment from a reputable bank.3. The export after completing the export duties goods for import, the person mandated to serve his bank garnishments in the amount of imports on the basis of its established l/c
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