Examples of 'documentary credit' in a sentence
Meaning of "documentary credit"
Documentary credit, also known as a letter of credit, is a financial instrument or payment method used in international trade transactions. It is a written commitment by a bank on behalf of the buyer, guaranteeing payment to the seller upon the fulfillment of certain conditions specified in the credit
How to use "documentary credit" in a sentence
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documentary credit
The usefulness of documentary credit in foreign trade.
Neither is it suitable when payment is by documentary credit.
Projects managing documentary credit in a major bank.
Documentary credit processing finally simplified.
Discover the types of documentary credit available.
The documentary credit is purely a documentary transaction.
Discussions on standardization of the documentary credit form.
The documentary credit is still perceived as a complicated instrument.
The bank which issues a documentary credit.
A transferable documentary credit can only be transferred once.
Payments can be done by bank transfer or documentary credit only.
The documentary credit is surely a better method of payment.
Learn more about documentary credit.
The documentary credit is legally independent of the commercial contract.
It is more flexible than documentary credit.
See also
Documentary credit in which the underlying shipment acts as collateral.
The miracle of the documentary credit.
The documentary credit in mexico.
Neither is it suitable when payment is intended to be by documentary credit.
The world of documentary credit has lost its romanticism.
It stands on the same footing as an irrevocable documentary credit.
Includes documentary credit.
In this respect these guarantees come close to a documentary credit.
Negotiate a documentary credit.
One of the most common methods of payment is documentary credit.
The documentary credit is a relatively expensive tool especially when it is confirmed.
Incoterms and documentary credit.
To know how to manage an export or import operation with a documentary credit.
A letter of credit is also known as a documentary credit or bankers commercial credit.
A telex operator could end up spending hours processing a documentary credit.
The documentary credit process has been described by many as expensive and cumbersome.
It can also be used by customers for documentary credit operations.
The documentary credit is a payment method invented in the beginning of international trade during antiquity.
Confirmed irrevocable documentary credit.
The automation of documentary credit processing is now possible for both exporters and importers.
It was also considered a specialist in documentary credit and export financing.
He is to pay only when documents correspond exactly to the conditions of documentary credit.
Alternatives to documentary credit.
Documentary credit substantially reduces payment related risks for both exporter and importer.
It is also known as documentary credit.
Documentary Credit is a letter of credit payable against documentary draft or documentary evidence only.
The bank does not control the documents such as in a documentary credit situation.
Documentary credit application ICC.
Review the contents of the request for the opening of the documentary credit.
Find all books on documentary credit Publications.
All individuals beginning to work with or for those who occasionally work with documentary credit.
Test your knowledge on documentary credit Quizz.
DCR Documentary Credit used when entering a principal amount.
The Buyers require a prearranged documentary credit facility with their bank.
That the currency of the invoice is the same as that of the Documentary Credit.
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You might have my credit card on file
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I just checked my credit card charges online
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Rules concerning documentary evidence provided by suppliers or
Another painting was unsupported by any documentary evidence
I took a sort of documentary approach to the material
