Bank Letter of Credit Policy
Bank Letter of Credit Policy is a policy that enables banks to confirm letters of credit by foreign banks supporting the purchase of U.S. exports.
Category: Banking & Finance
Previous: ← Balance on goods and services
Next: Central exchange rate →
More from this Section
- Reporting form
Reporting form coverage for commercial property insurance that requires the insured to ... - National reciprocity
National reciprocity is a state law that allows banks or bank holding ... - Balance Sheet Hedge
A balance sheet hedge requires an equal amount of exposed foreign currency assets and ... - Charter of incorporation
Charter of incorporation is a license to open and operate a commercial bank, issued by ... - Acceptor
Acceptor is the person who accepts a Bill of Exchange drawn on him/her. ...