Which of the following allows an initial advance to the-00824
Which of the following allows an initial advance to the beneficiary before shipment of the goods?
This multiple choice question (MCQ) is related to the book/course vu bnk601 Banking Laws & Practices. It can also be found in vu bnk601 Lecture No.34 - Quiz No.1.
Which of the following allows an initial advance to the beneficiary before shipment of the goods?
Irrevocable confirmed letter of credit
Revolving credit
Transferable letter of credit
Red clause credit