1、1Chapter SixL/C Practice2L/C PracticevProcedure of creditvCredit as a means of finance vRisk protection 3Procedure of creditStage 1: Application 申请开证申请开证nthe applicant fills out an application form according to sales contractnRules to followBe clear and conciseRefer to documents only...
Advising Bank Meaning Advising bank (notifying bank) refers to a financial institution located in the exporter's country which notifies the exporter regarding the approval and opening of a letter of credit at the behest of issuing bank of the importer. It allows the exporter to be aware of the...
meaning a presentation that is in accordance with the terms and conditions of the credit, the applicable provisions of these rules and international standard banking practice 26 Procedure of credit 2)Data in a document, when read in context with the credit, the document itself and internati...
A standard, mercial letter of credit is a document issued mostly by a financial institution, used primarily in trade finance, which usually provides an irrevocable payment undertaking.2009-05-09 10:16:19 补充:The LC can also be the source of payment for a traction, meaning that ...
ameaning this formulation requires higher energy to deform or to change state to melt 意味这种公式化要求高能扭屈或改变状态到融解[translate] aModelling growth variability in longline mussel farms as a function of stocking density and farm design 在longline淡菜农场塑造成长可变性作为长袜密度和农厂设计功...
Revolving Credit Advanceshas the meaning assigned to such term in Section 2.1. Revolving Loan Commitmentsmeans such commitments of all Lenders in the aggregate. Term Loansmeans, collectively, the Tranche A Term Loans and the Tranche B Term Loans. ...
Construction Zone shall have the meaning set forth in Clause 8.3 (i); Constructional Plant means all appliances or things whatever nature required in or about the execution, completion or maintenance of the works or temporary works (as hereinafter defined) but does not include materials or other ...
LC Payment Terms Meaning of Letter of Credit Aletter of creditis a written undertaking by the buyer or the buyer’s bank, known as the issuing bank, to pay a certain amount of money to the seller or seller’s bank, i.e., the negotiating bank or the accepting bank....
Business & Finance (1) Slang, Chat & Pop culture (0) Sort results:alphabetical| rank? Rank Abbr.Meaning INLCInternational Network of Local Churches INLCInternational Network Liaison Corporation (marketing; Mesa, AZ) Note: We have 1 other definition forINLCin our Acronym Attic ...
All definitions (2) Information Technology (0) Military & Government (0) Science & Medicine (1) Organizations, Schools, etc. (1) Business & Finance (1) Slang, Chat & Pop culture (0) Sort results:alphabetical| rank? Rank Abbr.Meaning ...