Question

explain financing imports against deferred payments ?​

Answer 1

Explanation:

Meaning of Deferred Letter of Credit

Deferred Letter of Credit is a type of Letter of Credit in which a conditional undertaking is taken by the bank to pay the seller on behalf of the buyer on a specified future date after completion of the transaction. The bank makes the payment on presentment of necessary documents.

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Answer 2

good nice love

Explanation:

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