Business Studies, asked by harshsg7914, 1 year ago

What is the meaning of letter of credit for export?

Answers

Answered by kartikkalra
1
Export letter of credit means a commercial letter of credit issued by a foreign bank in favor of a domestic exporter at the request of a foreign buyer.

Export letter of credit means a commercial letter of credit issued by a foreign bank in favor of a domestic exporter at the request of a foreign buyer
Answered by AmitRoy2224
0
Hiiii..... it's ur Ans

Export letter of credit means a commercial letter of credit issued by a foreign bank in favor of a domestic exporter at the request of a foreign buyer.

#Hope it helps u :)
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