For banks to issue a letter of credit, the customer must have? a. Approved credit line or

Question:

For banks to issue a letter of credit, the customer must have?

a. Approved credit line or funds on account

b. Good credit standing

c. Funds available to cover the line of credit

d. Approval by bank president

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: