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Is an L/C available by payment with the confirming bank require Drafts drawn on the confirming bank?

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Question added by naima dakki , مهنسة معمارية , مؤسسة البناء والتعمير
Date Posted: 2016/10/31
Deleted user
by Deleted user

you should ask the bank requirements, because each bank have different requirements pertaining the said LC. Letter of credit means the bank will pay the seller once the company delivered the necessary document.

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