History, asked by muskanagrawal5471, 11 months ago

What is a Documentary credit note

Answers

Answered by Anirudhbhardwaj01
0

Answer-

A Documentary Credit helps your company to hedge against the risks related to exports trading.

Answered by sumanabhtsly
1

Explanation:

A Documentary Credit helps your company to hedge against the risks related to exports trading. The buyer's bank issues an irrevocable payment undertaking to your company provided that your company presents to the bank documents conforming to the terms and conditions of the documentary creditduring its validity...

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