Question
An importers bank (also referred to as the issuing bank) issues a ________________ by making a written commitment on behalf of the importer to pay
An importers bank (also referred to as the issuing bank) issues a ________________ by making a written commitment on behalf of the importer to pay the exporter when the importers bank receives shipping documents confirming that the exporter has shipped the products to the importer.
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
