Letter Of Credit in a sentence

(1) LC is an abbreviation for letter of credit.

(2) The usance period for this letter of credit is 90 days.

(3) The confirming bank adds credibility to the letter of credit.

(4) The payment for the concert was made with a letter of credit.

(5) The open letter of credit ensured timely payment to the exporter.

(6) The confirming bank confirms the validity of the letter of credit.

(7) The bank issued an open letter of credit on behalf of the importer.

(8) The port of discharge is usually specified in the letter of credit.

(9) The buyer's bank confirmed the authenticity of the letter of credit.

(10) The letter of credit reduced the risk of non-payment for the seller.

Letter Of Credit sentence

(11) The buyer's bank confirmed the validity of the open letter of credit.

(12) The letter of credit specified the amount and conditions for payment.

(13) The advising bank confirmed the authenticity of the letter of credit.

(14) The open letter of credit protected the buyer from fraudulent sellers.

(15) The irrevocable letter of credit ensured timely payment for the goods.

(16) The confirming bank verified the authenticity of the letter of credit.

(17) The confirming bank provided a letter of credit to secure the payment.

(18) The seller's bank confirmed the letter of credit to guarantee payment.

(19) The confirmed letter of credit ensured prompt payment to the exporter.

(20) The seller presented the letter of credit to the bank for verification.

Letter Of Credit make sentence

(21) The bank issued an irrevocable letter of credit on behalf of the buyer.

(22) The open letter of credit provided a guarantee of payment to the seller.

(23) The seller was pleased when the confirmed letter of credit was received.

(24) The letter of credit provided a guarantee of payment in case of default.

(25) The exporter was relieved when the confirmed letter of credit was issued.

(26) The letter of credit served as a financial guarantee for the transaction.

(27) The letter of credit provided security for both the buyer and the seller.

(28) The buyer's bank advised the seller on the terms of the letter of credit.

(29) The buyer's bank issued a letter of credit in favor of the seller's bank.

(30) The confirmed letter of credit was a crucial part of the trade agreement.

Sentence of letter of credit

(31) The buyer's bank confirmed the letter of credit, ensuring timely payment.

(32) The irrevocable letter of credit was valid for a specific period of time.

(33) The buyer's bank confirmed the letter of credit to ensure timely payment.

(34) The open letter of credit provided peace of mind to both parties involved.

(35) The seller's bank confirmed the authenticity of the open letter of credit.

(36) The bank confirmed the letter of credit and assured the seller of payment.

(37) The buyer's bank confirmed the irrevocable letter of credit to the seller.

(38) The exporter requested an open letter of credit to mitigate payment risks.

(39) The irrevocable letter of credit was a crucial document in the transaction.

(40) The open letter of credit reduced the risk of non-payment for the exporter.

Letter Of Credit meaningful sentence

(41) The open letter of credit served as proof of the buyer's commitment to pay.

(42) The confirming bank ensures that the terms of the letter of credit are met.

(43) The exporter requested a letter of credit from the buyer to ensure payment.

(44) The seller required a confirmed letter of credit to mitigate payment risks.

(45) The supplier insisted on an open letter of credit to ensure timely payment.

(46) The buyer's bank confirmed the validity of the irrevocable letter of credit.

(47) The irrevocable letter of credit protected the seller from non-payment risk.

(48) The seller presented the confirmed letter of credit to the bank for payment.

(49) The letter of credit protected the buyer from non-performance by the seller.

(50) The buyer's bank honored the irrevocable letter of credit upon presentation.

Letter Of Credit sentence examples

(51) The buyer's bank reviewed the open letter of credit and approved it for use.

(52) The confirming bank ensured that the terms of the letter of credit were met.

(53) The seller requested a confirmed letter of credit before shipping the goods.

(54) The confirmed letter of credit played a crucial role in international trade.

(55) The seller requested a confirmed letter of credit to mitigate payment risks.

(56) The buyer's bank issued an irrevocable letter of credit to guarantee payment.

(57) The buyer requested an open letter of credit to ensure payment to the seller.

(58) The exporter was able to secure financing based on the open letter of credit.

(59) The confirming bank confirms the letter of credit issued by the issuing bank.

(60) The confirmed letter of credit provided a guarantee of payment to the seller.

Sentence with letter of credit

(61) The confirmed letter of credit was a crucial document in the trade agreement.

(62) The buyer provided an irrevocable letter of credit as a guarantee of payment.

(63) The buyer's bank confirmed the letter of credit to secure the seller's trust.

(64) The open letter of credit provided security for both the buyer and the seller.

(65) The seller presented the open letter of credit to their bank for verification.

(66) The confirming bank verifies the terms and conditions of the letter of credit.

(67) The seller insisted on a confirmed letter of credit before shipping the goods.

(68) The seller negotiated the terms of the letter of credit with the buyer's bank.

(69) The buyer's bank confirmed the availability of funds for the letter of credit.

(70) The confirmed letter of credit gave the seller assurance of receiving payment.

Use letter of credit in a sentence

(71) The supplier required an open letter of credit to protect against non-payment.

(72) The confirmed letter of credit served as a financial guarantee for the seller.

(73) The exporter requested a confirmed letter of credit to minimize payment risks.

(74) The confirmed letter of credit provided a financial guarantee to the exporter.

(75) The buyer's bank advised the seller to request an irrevocable letter of credit.

(76) The irrevocable letter of credit provided a guarantee of payment to the seller.

(77) An open letter of credit is a financial instrument used in international trade.

(78) The confirmed letter of credit gave the seller peace of mind regarding payment.

(79) The buyer's bank confirmed the letter of credit to ensure a smooth transaction.

(80) The bank issued a letter of credit to guarantee payment for the imported goods.

Sentence using letter of credit

(81) The letter of credit facilitated international trade by reducing payment risks.

(82) The confirmed letter of credit gave the seller confidence in receiving payment.

(83) The buyer's bank issued a confirmed letter of credit to secure the transaction.

(84) The seller was relieved to receive a confirmed letter of credit from the buyer.

(85) The buyer's bank confirmed the letter of credit, securing the seller's payment.

(86) The buyer's bank issued an irrevocable letter of credit to secure the purchase.

(87) The confirming bank confirmed the authenticity of the buyer's letter of credit.

(88) The confirmed letter of credit provided a guarantee of payment to the exporter.

(89) The buyer's bank issued the irrevocable letter of credit in favor of the seller.

(90) The exporter relied on the confirmed letter of credit to receive timely payment.

Letter Of Credit example sentence

(91) The buyer relied on the letter of credit to ensure timely delivery of the goods.

(92) The letter of credit served as a guarantee of payment for the services rendered.

(93) The buyer provided a confirmed letter of credit to ensure payment to the seller.

(94) The buyer's bank confirmed the letter of credit, ensuring payment to the seller.

(95) The seller presented the irrevocable letter of credit to their bank for payment.

(96) The seller's bank verified the authenticity of the irrevocable letter of credit.

(97) The importer's bank provided a letter of credit backed by a banker's acceptance.

(98) The documentary letter of credit reduces the risk of non-payment for the seller.

(99) The buyer's bank confirmed the letter of credit to assure the seller of payment.

(100) The beneficiary of the irrevocable letter of credit was the seller of the goods.

Sentence with word letter of credit

(101) The documentary letter of credit serves as a guarantee of payment for the seller.

(102) The irrevocable letter of credit served as a guarantee of payment for the seller.

(103) The buyer's bank confirmed the letter of credit to protect the buyer's interests.

(104) The seller's bank confirmed the letter of credit to ensure payment upon delivery.

(105) The seller relied on the letter of credit to finance the production of the goods.

(106) The buyer's bank confirmed the irrevocable letter of credit to the seller's bank.

(107) The documentary collection offers a lower cost alternative to a letter of credit.

(108) The company requested an open letter of credit to facilitate international trade.

(109) The seller relied on the open letter of credit to receive payment for their goods.

(110) The buyer's bank confirmed the letter of credit to protect the seller's interests.

Sentence of letter of credit

(111) The buyer's bank confirmed the letter of credit to guarantee the seller's payment.

(112) The seller shipped the goods after receiving confirmation of the letter of credit.

(113) The bank honored the letter of credit upon presentation of the required documents.

(114) The irrevocable letter of credit served as a secure payment method for the seller.

(115) The seller was relieved to receive an irrevocable letter of credit from the buyer.

(116) The seller insisted on an irrevocable letter of credit to protect their interests.

(117) The customer's bank confirmed the open letter of credit, securing the transaction.

(118) The buyer's bank issued an open letter of credit to protect the buyer's interests.

(119) The bank issued a confirmed letter of credit to guarantee payment to the exporter.

(120) The confirmed letter of credit protected the seller from potential payment issues.

Letter Of Credit used in a sentence

(121) The open letter of credit provided a guarantee of payment for the goods delivered.

(122) The exporter was pleased to receive an open letter of credit from the buyer's bank.

(123) The confirmed letter of credit served as a financial guarantee for the transaction.

(124) The confirmed letter of credit provided security for both the buyer and the seller.

(125) The buyer's bank confirmed the letter of credit to establish trust with the seller.

(126) The buyer's bank confirmed the letter of credit to guarantee payment to the seller.

(127) The confirmed letter of credit was a crucial document in the import-export process.

(128) The buyer's bank confirmed the letter of credit to ensure a smooth payment process.

(129) The seller insisted on a confirmed letter of credit to protect against non-payment.

(130) The buyer's bank confirmed the letter of credit, guaranteeing the seller's payment.

Letter Of Credit sentence in English

(131) The buyer's bank confirmed the letter of credit to provide assurance to the seller.

(132) The confirmed letter of credit facilitated smooth international trade transactions.

(133) The buyer provided a confirmed letter of credit to establish trust with the seller.

(134) The seller's bank confirmed the letter of credit to protect the seller's interests.

(135) The buyer's bank issued the irrevocable letter of credit to secure the transaction.

(136) The buyer's bank confirmed the availability of funds for the open letter of credit.

(137) The documentary letter of credit is governed by international rules and regulations.

(138) The exporter was able to negotiate favorable terms due to the open letter of credit.

(139) The buyer's bank confirmed the letter of credit, guaranteeing payment to the seller.

(140) The confirmed letter of credit provided a reliable payment mechanism for the seller.

(141) The buyer's bank confirmed the open letter of credit, ensuring the seller's payment.

(142) The documentary letter of credit provides security to both the buyer and the seller.

(143) The irrevocable letter of credit provided a guarantee of payment in case of default.

(144) The open letter of credit allowed the buyer to import goods without upfront payment.

(145) A documentary letter of credit is a financial instrument used in international trade.

(146) The seller requested an irrevocable letter of credit to ensure payment for the goods.

(147) The irrevocable letter of credit provided security for both the buyer and the seller.

(148) The importer's bank confirmed the letter of credit to assure the exporter of payment.

(149) The commercial bill was settled through a letter of credit to mitigate payment risks.

(150) The confirmed letter of credit provided assurance to both parties in the transaction.

(151) The seller was relieved to receive an open letter of credit, ensuring prompt payment.

(152) The buyer's bank issued an open letter of credit to secure the purchase of the goods.

(153) The bank issued an open letter of credit to guarantee payment for the imported goods.

(154) The buyer's bank confirmed the open letter of credit to assure the seller of payment.

(155) Sellers can present the documentary letter of credit to their bank to receive payment.

(156) An irrevocable letter of credit is a financial instrument used in international trade.

(157) The seller was relieved to have an open letter of credit in place for the transaction.

(158) The seller requested a confirmed letter of credit to minimize the risk of non-payment.

(159) The confirmed letter of credit provided a sense of security for both parties involved.

(160) The seller insisted on a confirmed letter of credit to minimize payment uncertainties.

(161) The seller requested a confirmed letter of credit to protect against payment defaults.

(162) The buyer's bank issued an irrevocable letter of credit to facilitate the transaction.

(163) Exporters often prefer using a documentary letter of credit to minimize payment risks.

(164) The buyer's bank issued a confirmed letter of credit to support the seller's business.

(165) The buyer's bank confirmed the letter of credit to ensure smooth payment transactions.

(166) The importer's bank confirmed the irrevocable letter of credit to the exporter's bank.

(167) The exporter insisted on receiving an open letter of credit before shipping the goods.

(168) The buyer's bank informed them about the expiration date of the open letter of credit.

(169) The seller relied on the irrevocable letter of credit to receive payment for the goods.

(170) The terms and conditions of the open letter of credit were agreed upon by both parties.

(171) The open letter of credit allowed the buyer to receive the goods before making payment.

(172) The open letter of credit allowed the buyer to purchase goods from different suppliers.

(173) The exporter relied on the confirmed letter of credit to receive payment for the goods.

(174) The confirmed letter of credit facilitated international trade between the two parties.

(175) The buyer's bank issued a confirmed letter of credit to protect the seller's interests.

(176) The seller was relieved to have a confirmed letter of credit before shipping the goods.

(177) The buyer's bank confirmed the letter of credit, ensuring prompt payment to the seller.

(178) The seller insisted on a confirmed letter of credit to safeguard against payment risks.

(179) The irrevocable letter of credit provided assurance to both parties in the transaction.

(180) The supplier insisted on an open letter of credit to protect against non-payment risks.

(181) The exporter requested an open letter of credit to safeguard against non-payment risks.

(182) Banks may require collateral or a cash deposit to issue a documentary letter of credit.

(183) The buyer's bank issued a confirmed letter of credit to secure the seller's confidence.

(184) The irrevocable letter of credit was irrevocable until the agreed-upon expiration date.

(185) The documentary letter of credit is a widely accepted method of payment in global trade.

(186) The buyer's bank advised them on the necessary steps to obtain an open letter of credit.

(187) The buyer provided a confirmed letter of credit as a guarantee of payment to the seller.

(188) The seller requested an extension of the letter of credit to allow for delayed shipment.

(189) The irrevocable letter of credit provided a sense of security for both parties involved.

(190) The importer's bank advised them to obtain an open letter of credit for the transaction.

(191) The customer's bank reviewed and approved the open letter of credit for the transaction.

(192) The buyer's bank issued an open letter of credit to guarantee the purchase of the goods.

(193) The supplier insisted on an open letter of credit to protect against any payment issues.

(194) The documentary letter of credit is a widely used payment method in international trade.

(195) The exporter was relieved to receive a confirmed letter of credit from the buyer's bank.

(196) The seller insisted on a confirmed letter of credit to safeguard against payment delays.

(197) The documentary letter of credit provides assurance to the seller that they will be paid.

(198) The seller was relieved when the buyer's bank confirmed the irrevocable letter of credit.

(199) The seller was confident in shipping the goods after receiving the open letter of credit.

(200) The buyer's bank confirmed the letter of credit to establish credibility with the seller.

(201) The seller was pleased to receive a confirmed letter of credit before shipping the goods.

(202) The seller was pleased to have an irrevocable letter of credit as a guarantee of payment.

(203) The exporter insisted on receiving an open letter of credit before shipping the products.

(204) The bank issued an open letter of credit to guarantee payment for the imported machinery.

(205) The customer provided an open letter of credit to secure the purchase of the merchandise.

(206) The documentary letter of credit is a widely accepted payment instrument in global trade.

(207) The irrevocable letter of credit provided peace of mind to both the buyer and the seller.

(208) The seller was relieved to have an irrevocable letter of credit, ensuring timely payment.

(209) The open letter of credit provided a sense of security for both the buyer and the seller.

(210) The ocean bill of lading is often required by banks for payment under a letter of credit.

(211) The irrevocable letter of credit gave the seller confidence in the buyer's ability to pay.

(212) The buyer's bank issued the open letter of credit in the currency specified by the seller.

(213) The confirming bank is responsible for verifying the authenticity of the letter of credit.

(214) The bank issued a confirmed letter of credit to secure the payment for the imported goods.

(215) The ocean bill of lading is often required for obtaining a letter of credit from the bank.

(216) The seller's bank confirmed the open letter of credit, guaranteeing payment upon delivery.

(217) The seller's bank confirmed the open letter of credit, guaranteeing payment upon shipment.

(218) The confirming bank ensured that the terms of the letter of credit were strictly followed.

(219) The documentary letter of credit is an essential component of international trade finance.

(220) The buyer's bank confirmed the validity of the irrevocable letter of credit to the seller.

(221) The seller was able to negotiate better terms by offering an irrevocable letter of credit.

(222) The irrevocable letter of credit was a binding agreement between the buyer and the seller.

(223) The buyer's bank released the funds upon verification of the irrevocable letter of credit.

(224) The open letter of credit facilitated smooth transactions between the buyer and the seller.

(225) The confirmed letter of credit provided assurance to the seller that payment would be made.

(226) The exporter insisted on a confirmed letter of credit to protect their financial interests.

(227) The letter of credit provided a mechanism for dispute resolution in case of non-compliance.

(228) The advising bank ensures that the letter of credit is properly authenticated and verified.

(229) The buyer's bank confirmed the letter of credit, securing the seller's financial interests.

(230) Banks may require collateral or a security deposit to issue a documentary letter of credit.

(231) The documentary letter of credit acts as a guarantee for the seller that they will be paid.

(232) The irrevocable letter of credit served as a secure payment method for international trade.

(233) The buyer's bank guaranteed payment to the seller through the irrevocable letter of credit.

(234) The open letter of credit allowed the buyer to receive the goods before making the payment.

(235) The letter of credit played a crucial role in facilitating international trade transactions.

(236) The buyer's bank advised the seller to present the irrevocable letter of credit for payment.

(237) The exporter was pleased to receive an open letter of credit, ensuring a smooth transaction.

(238) The buyer's bank confirmed the open letter of credit, providing peace of mind to the seller.

(239) The irrevocable letter of credit was issued in the currency specified in the sales contract.

(240) We received a notification from the advising bank that the letter of credit had been issued.

(241) The seller was relieved to receive an irrevocable letter of credit before shipping the goods.

(242) The open letter of credit was irrevocable and could not be canceled without mutual agreement.

(243) The buyer's bank confirmed the letter of credit, giving the seller confidence in the payment.

(244) The issuing bank issued a letter of credit to facilitate the international trade transaction.

(245) The exporter insisted on receiving an irrevocable letter of credit before shipping the goods.

(246) The buyer's bank issued an open letter of credit to facilitate the purchase of raw materials.

(247) The open letter of credit served as a financial instrument to facilitate international trade.

(248) The advising bank advises the beneficiary on the terms and conditions of the letter of credit.

(249) The documentary letter of credit is a widely accepted payment method in international finance.

(250) The terms and conditions of the irrevocable letter of credit were agreed upon by both parties.

(251) The seller shipped the goods after receiving confirmation of the irrevocable letter of credit.

(252) The irrevocable letter of credit was a crucial component of the international trade agreement.

(253) The seller was required to comply with the terms outlined in the irrevocable letter of credit.

(254) The seller will remit the goods upon receipt of the payment, or we can use a letter of credit.

(255) The irrevocable letter of credit ensured a smooth transaction between the buyer and the seller.

(256) The irrevocable letter of credit provided a sense of security to both the buyer and the seller.

(257) The buyer's bank honored the open letter of credit upon presentation of the required documents.

(258) The advising bank ensures that the letter of credit is properly transmitted to the beneficiary.

(259) The irrevocable letter of credit was a crucial document in the international trade transaction.

(260) The exporter presented the open letter of credit to their bank to initiate the payment process.

(261) The documentary letter of credit provides a level of security for both the buyer and the seller.

(262) The confirmed letter of credit played a vital role in securing the financial aspect of the deal.

(263) The seller's bank confirmed the authenticity of the letter of credit before releasing the goods.

(264) The supplier agreed to proceed with the order after receiving the buyer's open letter of credit.

(265) Buyers may need to provide collateral or a cash deposit to secure a documentary letter of credit.

(266) The seller's bank confirmed the validity of the irrevocable letter of credit before accepting it.

(267) The exporter requested a confirmed letter of credit to ensure payment for the delivered products.

(268) The seller requested an amendment to the letter of credit to accommodate changes in the shipment.

(269) The importer's bank recommended obtaining an open letter of credit for a smooth purchase process.

(270) The documentary letter of credit provides a secure method of payment for international suppliers.

(271) The importer's bank advised them to apply for an open letter of credit to secure the transaction.

(272) A letter of credit is a way to transfer risk from the buyer to the seller in international trade.

(273) The buyer's bank advised the buyer to open an irrevocable letter of credit to secure the purchase.

(274) The confirmed letter of credit was a requirement for the successful completion of the transaction.

(275) The documentary letter of credit reduces the risk of fraud and non-payment in international trade.

(276) The company's financial department prepared an open letter of credit for the upcoming transaction.

(277) The irrevocable letter of credit provided a level of financial security for both parties involved.

(278) The seller was relieved to receive an open letter of credit as it reduced the risk of non-payment.

(279) The confirmed letter of credit was a prerequisite for the successful completion of the transaction.

(280) The company's financial advisor recommended using an open letter of credit for international trade.

(281) The documentary letter of credit protects the buyer from the risk of non-performance by the seller.

(282) The seller was relieved to receive an irrevocable letter of credit, ensuring payment for the goods.

(283) The seller's bank verified the buyer's creditworthiness before accepting the open letter of credit.

(284) Banks carefully review the terms and conditions of a documentary letter of credit before issuing it.

(285) The seller presented the required documents to the bank to claim payment under the letter of credit.

(286) The buyer's bank confirmed the validity of the letter of credit before the seller shipped the goods.

(287) The advising bank helps the beneficiary understand the terms and conditions of the letter of credit.

(288) The seller's bank examined the terms of the irrevocable letter of credit before releasing the funds.

(289) The importer's bank advised them to obtain an open letter of credit to ensure a successful purchase.

(290) The seller's bank reviewed and approved the open letter of credit, ensuring payment upon completion.

(291) The buyer's bank reviewed and approved the open letter of credit, ensuring a successful transaction.

(292) The buyer's bank reviewed the terms and conditions of the open letter of credit before approving it.

(293) The seller's bank verified the authenticity of the open letter of credit before releasing the goods.

(294) The buyer's bank advised them on the necessary documentation required for the open letter of credit.

(295) The open letter of credit provided a mechanism to resolve disputes between the buyer and the seller.

(296) The seller was able to negotiate better terms with the buyer due to the irrevocable letter of credit.

(297) The buyer's bank advised the buyer to open an irrevocable letter of credit to secure the transaction.

(298) The documentary letter of credit provides security to both the buyer and the seller in a transaction.

(299) The buyer's bank confirmed the authenticity of the irrevocable letter of credit to the seller's bank.

(300) The advising bank's role is to notify the beneficiary of the letter of credit's terms and conditions.

(301) The buyer's bank honored the irrevocable letter of credit upon presentation of the required documents.

(302) The bank reviewed the open letter of credit to ensure compliance with international trade regulations.

(303) The seller was required to comply with the terms and conditions outlined in the open letter of credit.

(304) The documentary letter of credit is often used in transactions involving high-value goods or services.

(305) The buyer's bank advised the seller to carefully review the terms of the irrevocable letter of credit.

(306) The exporter was able to negotiate better terms with their suppliers due to the open letter of credit.

(307) International sellers often require a documentary letter of credit to mitigate the risk of non-payment.

(308) The documentary letter of credit provides a level of trust and confidence between the buyer and seller.

(309) The buyer's bank examined the documents and released the funds as per the irrevocable letter of credit.

(310) Sellers can rely on a documentary letter of credit to ensure timely payment for their goods or services.

(311) The documentary letter of credit is an essential tool for facilitating international trade and commerce.

(312) The company's financial advisor suggested using an open letter of credit for secure international trade.

(313) The seller was relieved to have an open letter of credit as it protected them against non-payment risks.

(314) The buyer's bank required the seller to provide a performance bond along with the open letter of credit.

(315) The buyer's bank informed them about the fees associated with the issuance of the open letter of credit.

(316) A letter of credit can help you transfer risk from international trade transactions to the issuing bank.

(317) The buyer's bank reviewed the terms and conditions of the irrevocable letter of credit before issuing it.

(318) The irrevocable letter of credit was a crucial document in facilitating international trade transactions.

(319) The documentary letter of credit is commonly used in cross-border transactions to ensure payment security.

(320) The documentary letter of credit provides a mechanism for resolving disputes between the buyer and seller.

(321) The seller was pleased to receive an irrevocable letter of credit as it minimized the risk of non-payment.

(322) The buyer's bank released the funds upon receipt of the documents in accordance with the letter of credit.

(323) Banks carefully examine the documents presented under a documentary letter of credit to ensure compliance.

(324) Banks may require extensive documentation and due diligence before issuing a documentary letter of credit.

(325) The seller presented the required documents to the buyer's bank to claim the irrevocable letter of credit.

(326) The exporter's bank confirmed the authenticity of the open letter of credit before processing the payment.

(327) The irrevocable letter of credit provided a level of assurance to both parties involved in the transaction.

(328) The documentary letter of credit requires the seller to present specific documents to the bank for payment.

(329) The seller's bank advised them on the necessary steps to claim the payment under the open letter of credit.

(330) The documentary letter of credit is an important tool for reducing the risk of fraud in international trade.

(331) The seller was able to ship the goods confidently knowing that an irrevocable letter of credit was in place.

(332) The documentary letter of credit ensures that the buyer will only pay upon receiving the required documents.

(333) The open letter of credit ensured that the seller would be paid upon fulfilling the contractual obligations.

(334) Buyers may need to provide supporting documents to the bank when applying for a documentary letter of credit.

(335) The buyer's bank confirmed the authenticity of the irrevocable letter of credit before releasing the payment.

(336) The buyer's bank ensured that the irrevocable letter of credit complied with international trade regulations.

(337) The documentary letter of credit is a complex financial instrument that requires careful attention to detail.

(338) Banks may require the buyer to maintain a certain credit rating to qualify for a documentary letter of credit.

(339) The documentary letter of credit is a crucial tool for mitigating payment risks in international transactions.

(340) The documentary letter of credit provides a level of trust between the buyer and seller in cross-border trade.

(341) The buyer's bank agreed to honor the irrevocable letter of credit upon presentation of the required documents.

(342) The buyer's bank required the seller to provide specific documents to draw on the irrevocable letter of credit.

(343) The documentary letter of credit is a legally binding agreement between the buyer, seller, and the issuing bank.

(344) The documentary letter of credit is an essential tool for minimizing payment risks in international transactions.

(345) The documentary letter of credit is often used when the buyer and seller do not have an established relationship.

(346) The documentary letter of credit is widely recognized and accepted by banks and financial institutions worldwide.

(347) The exporter's bank reviewed the open letter of credit to ensure compliance with international trade regulations.

(348) The letter of credit ensured that the seller would receive payment even if the buyer faced financial difficulties.

(349) The buyer's bank examined the documents submitted by the seller to determine compliance with the letter of credit.

(350) Banks may require the buyer to provide a down payment or prepayment before issuing a documentary letter of credit.

(351) The documentary letter of credit is governed by the rules and regulations of the International Chamber of Commerce.

(352) The documentary letter of credit ensures that the seller will receive payment upon fulfilling the agreed-upon terms.

(353) Exporters often prefer to receive payment through a documentary letter of credit to minimize the risk of non-payment.

(354) Buyers can use a documentary letter of credit to demonstrate their commitment to fulfilling their payment obligations.

(355) The documentary letter of credit is often used in import and export transactions to facilitate smooth trade operations.

(356) The documentary letter of credit acts as a guarantee for the seller that they will be paid for their goods or services.

(357) The documentary letter of credit ensures that the seller will receive payment once the required documents are presented.

(358) The documentary letter of credit is often used in industries such as oil and gas, where large sums of money are involved.

(359) The documentary letter of credit ensures that the buyer's payment is only released upon fulfillment of certain conditions.

(360) The documentary letter of credit requires the seller to comply with specific terms and conditions outlined in the agreement.

(361) The documentary letter of credit provides a mechanism for dispute resolution in case of non-compliance with the agreed terms.

(362) The documentary letter of credit is often used in transactions where the buyer and seller are located in different countries.

(363) The documentary letter of credit provides a level of trust and confidence between the buyer and seller in international trade.

(364) The documentary letter of credit ensures that the seller will be paid even if the buyer defaults on their payment obligations.

(365) The bank acceptance, which was secured through a letter of credit, provided the necessary funds for the project to move forward.

(366) The documentary letter of credit provides a level of assurance to the buyer that the goods or services will be delivered as agreed.

(367) The seller was required to present specific documents to the buyer's bank to access the funds from the irrevocable letter of credit.

(368) The documentary letter of credit requires the seller to provide specific documents, such as invoices and shipping documents, to receive payment.

The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Letter Of Credit. They do not represent the opinions of TranslateEN.com.