future: for undertakings given but not yet realised. By agreement with the beneficiary, the negotiating bank makes

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future: for undertakings given but not yet realised. By agreement with the beneficiary, the negotiating bank makes payment only when it has been reimbursed by the issuing bank, rather than risk advancing its own cash.

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Finance Of International Trade

ISBN: 9780750659086

1st Edition

Authors: Eric Bishop

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Question Posted: Oct 18, 2024 09:00 AM

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future: for undertakings given but not yet realised. By agreement with the beneficiary, the negotiating bank makes

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Finance Of International Trade

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