Search results for keyword: beneficiary
false usance letter of credit
Standby Letter of Credit (SBLC)
A standby letter of credit (SBLC) is a financial agreement that serves as a guarantee for future payments or loan commitments. Standing as a substitute for cash, an SBLC is typically used as a way for businesses to provide protection for both parties in a contract ......
08/07/2023 
1055 
Samantha
financial tax system
Introduction
Financial tax system is an important component of a nation’s fiscal regime, as it provides the resources needed to finance public services, infrastructure and improvements to living standards, among other things. Tax systems also play an important role in redistributing income and ......
Import Bill
1. Introduction
Letter of Credit, known as L/C, is the safest and most popular method of payment in international trade. It is a legal document issued by the buyers bank upon the buyers request and under the buyers instructions guaranteeing that the buyer can pay the seller for goods or services ......
transferable letter of credit
Acceptance of Transferable Credit by Banks
In order to secure financing for a project or purchase, commercial banks often enter into agreements involving the issuance of a credit instrument. While these instruments traditionally require the issuer of the credit to make a direct payment to the ban......
living trust
PRE-NUPTIAL TRUST
In today’s world, pre-nuptial trusts are more common than ever. They can provide couples with financial security in the future, especially during unpredictable economic times. Pre-nuptial trusts are created to hold the assets of each party, so that they can maintain their own s......
revocable letter of credit
Revocable Letter of Credit
A Revocable Letter or Credit (L/C) is a company agreement between two entities that allows immediate and safe payment to be made from one entity (the buyer) to another (the seller). A revocable L/C is a flexible arrangement that permits the terms to be amended or cancell......
performance bond
Performance Bond
A performance bond is a type of surety bond the issuer of which guarantees satisfactory completion of a project by a contractor. In case a contractor fails to meet the obligations of a construction contract, the issuer— typically an insurance company or bank— pays the contract......
ordinary annuity
Introduction to Annuities
An annuity is a special type of financial product that’s designed to provide a steady stream of income to the holder, usually in retirement. It’s a type of insurance product, which typically requires a lump-sum payment in exchange for consistent payments over a set peri......
letter of credit
Introduction
A Letter of Credit (L/C) is a payment instrument used to facilitate international commercial transactions. It is a payment instrument by which the issuing bank promises to pay a certain amount of money if predetermined conditions are met between the Seller and the Buyer. It is used f......
Letter of credit process
The Process of Applying for and Operating a Letter of Credit
A letter of credit, also referred to as an “L/C,” is an agreement between a buyer and seller that gives the seller a guaranteed payment for merchandise or services. The buyer’s bank, also known as the “issuing bank”, agrees to pay ......
Popular Entries
- Spanish heat-resistant steel steel grade
- Faults caused by incorrect mixing ratio of gasoline and engine oil
- How lifts work
- overseas trade
- London Exchange Alternative Investment Market
- Zibo Fushan Mining Co., Ltd.
- Brinell/Rockwell hardness conversion table
- Zhangjiagang Rural Commercial Bank
- ГOCT 5949-1975 Specifications for corrosion-resistant, heat-resistant and heat-strength steel bars and cold-worked products
- thermodynamics thermodynamics
- re-election workshop design
- employee satisfaction
- Density of diamond
- Rationalized Global Planning Model
- digital wallet
Recent Updates
- continuous casting
- ГOCT 5949-1975 Specifications for corrosion-resistant, heat-resistant and heat-strength steel bars and cold-worked products
- overseas trade
- shipping
- Korea Xinsheng Shipping Co., Ltd. Shanghai Office
- Hamilton's Protectionist Trade Doctrine
- Rationalized Global Planning Model
- Heckscher-Ohlin model
- black market price
- buy each other
- principle of reciprocal treatment
- The unit that accepts entrusted customs declaration
- reciprocal tariff
- sliding tariff
- digital wallet
- horizontal trade
Trending Keywords
Copyright © 2016 - 2024 by metal-knowledge.com. All rights reserved