What is difference between letter of credit and bank guarantee?

أفضل جواب: <p><span>a. Concentration banking  is the answer</span></p> الإطلاع على المزيد

أفضل جواب: A letter of credit is an obligation taken on by a bank to make a payment once certain criteria are met. O ... الإطلاع على المزيد

أفضل جواب: A letter of credit is an obligation taken on by a bank to make a payment once certain criteria are met. O ... الإطلاع على المزيد

أفضل جواب: Honour payment to your beneficiaries upon receipt of a claim الإطلاع على المزيد