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What is letter of credit ?

By IndianMoney , 1 year ago

A letter of credit is a method of payment used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods. or LOC is the financial instruments from a bank which guarantees payments from a buyer to the seller if certain criteria met.

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This is to inform that Suvision Holdings Pvt Ltd ("") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.