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Letter of credit in a sentence

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Sentence count:179+1Posted:2017-09-07Updated:2020-07-24
Similar words: line of creditget the better ofbetter offbe better offletter of intentcreditcreditscreditedMeaning: n. a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit. 
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91. Packing Loan: the exporter applies for a short-term loan under original letter of credit used as guarantee. The loan is used to ensure funds for production and shipping.
92. A letter of credit is called transferable if it can be transferred by its original beneficiary to one or more parties.
93. Payment Terms: Irrevocable, transferable, Auto - revolving Documentary Letter of Credit by a top 25 bank.
94. In this country, once we open an Irrevocable, Confirmed Letter of Credit with our National Bank in your favor, its comes with the same terms or procedure all the way so we cannot change it .
95. All payments to SELLER shall be made by means of an irrevocable and unconditional devisable and confirmed Letter of Credit with sufficient validity acceptable to SELLER.
96. The standby letter of credit is quite different from bank guarantee and commercial documentary letter of credit in many aspects.
97. Loading Date: Within 30 days after seller received Letter of Credit ( DLC ) from Buye's Bank.
98. A: Then may I draw money against the letter of credit here?
99. TO-CASH Basis or in form of Irrevocable Letter of Credit (ILC) with Guaranty Cash Bond (GCB) of 2% or (PCB) Performance Cash Bond from an accredited BONDING COMPONY.
100. We have instructed our bank to open an irrevocable documentary letter of credit in your favor. The amount is $ 1,600.00.
101. A standard, commercial letter of credit is a document issued mostly by a financial institution, used primarily in trade finance, which usually provides an irrevocable payment undertaking.
102. Means Irrevocable documentary letter of credit open in United States dollars.
102. Sentencedict.com try its best to gather and build good sentences.
103. We will send you irreversible documentary Letter of Credit, and appreciate your shipping as soon as possible after your receiving our L/C, in case that we may be left behind in market.
104. We intimate to you that we have issue a commercial letter of credit.
105. Our terms are 30 day's after sight under irrevocable letter of credit.
106. Letter of credit is a payment way produced on credit crisis for commercial credit.
107. Well, Mr. Peter(sentencedict.com), you must be aware that an irrevocable letter of credit gives the exporter the additional protection of the banker's guarantee.
108. You must be aware that an irrevocable letter of credit gives the exporter the additional protection of the banker's guarantee.
109. E Documents issued earlier than the opening date of Letter of Credit shall not be acceptable.
110. We have opened the covering letter of credit through the Bank of New York.
111. This article introduced in the letter of credit transaction the illegal exception this brand - new theory viewpoint.
112. It points out the advantages and disadvantages of three guarantee forms widely used in forfaiting, i. e. aval , demand guarantee and standby letter of credit.
113. Buyer's bank issues Non - transferable documentary letter of credit.
114. Letter of Credit without receiving the authority of the issuing bank.
115. The buyers shall open Letter of Credit in accordance with the terms of this contract.
116. For a small size of goods on advertised promotion, we feel it unnecessary to have a letter of credit opened since the charges resulting there from would increase our cost account.
117. Red clause letter of credit, also known as an advance credit, that by including a "red " letter of credit to provide credit terms.
118. Payment unless otherwise specifically agreed is to be made by letter of credit established telegraphically immediately upon receipt of confirmation of order.
119. Provide legal service of commercial loan agreements, loan guarantee agreement, letter of credit and business bills.
120. We are pleased to inform you that we have opened an irrevocable and confirmed letter of credit.
More similar words: line of creditget the better ofbetter offbe better offletter of intentcreditcreditscreditedon creditaccreditcreditordiscredittax creditcredit cardaccreditedcreditablecredit linecreditworthystore creditcredit limitcredit unioncredit bureaucredit crunchcredit ratingcredit reporta matter ofcredit balancediscreditableaccreditationcreditor nation
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