documentary letter of credit In A Sentence
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- Payment Terms: Irrevocable, transferable, Auto - revolving documentary letter of credit by a top 25 bank.
- We have instructed our bank to open an irrevocable documentary letter of credit in your favor. The amount is $ 1,600.00.
- It's difficult to find documentary letter of credit in a sentence.
- The Buyer provides within 3 working days a Non-Operative, Irrevocable, Non-transferable Usance 90-days After Sight DLC (Documentary letter of Credit) for the Seller's bank approval.
- Documentary letter of credit is universally applied in modern international trade. It is called the 'life blood of international commerce'.
- Documentary Credits : the bank, on behalf of buyer, issues a letter of credit undertaking to pay the price of the sale contract on condition that the seller complies with credit terms.
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