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Web easily editable, printable, downloadable. The seller who is the recipient of the letter of credit. Web updated may 25, 2023 reviewed by somer anderson fact checked by suzanne kvilhaug what is a letter of credit? A letter of credit is a legal document that guarantees the applicant’s (buyer’s) payment to the recipient.
Web Updated On January 15, 2022 Reviewed By Cierra Murry A Letter Of Credit (Loc) Is A Promise From A Bank To Make A Payment.
Discover our free letter of credit template, available in ms word and google docs.