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On the Freely Negotiable Credit: O The beneficiary has some flexibility in where it may present documents for payment O The applicant is directed to
On the Freely Negotiable Credit: O The beneficiary has some flexibility in where it may present documents for payment O The applicant is directed to open the L/C in a specific bank. O The applicant has some flexibility in where it may open the L/C O The beneficiary is directed to present documents to a specific bank that may be the advising bank or issuing bank
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