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  • Unverified
  • Location:New Delhi, India
  • Year of Establishment:1998
  • Business Type:Business Services
  • Turnover:Rs. 50 Lakh - 5 Crore
    (or USD 100 K - 1 Million)
  • Main Products:Financial Services
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Letter Of Credit (L/C)

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Letter of credit is a document issued by a financial institution, used primarily in trade finance, which usually provides an irrevocable payment undertaking.

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Letter of credit is a document issued by a financial institution, used primarily in trade finance, which usually provides an irrevocable payment undertaking. Letters of credit are used primarily in international trade transactions of significant value, for deals between a supplier in one country and a customer in another.

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