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Advising Bank

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banks in letters of credit

Banks in Letter of Credit

Ozgur Eker (CDCS) -
Banks play a key role in letters of credit transactions. They start and end the L/C operations. They also decide either refusal of the documents...
advising bank

Advising Bank

Ozgur Eker (CDCS) -
Advising Bank is the bank that advises the letter of credit to the beneficiary. Advising banks act upon the request of issuing banks. Generally, advising...
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