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Letter of credit loc letter of credit advised vs confirmed letters of credit advised vs confirmed the letter of credit transaction usually involves two banks the buyers bank issuing the letter of credit and a bank in the Letter of credit loc

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Import export guide letter of credit methods of payment mushroomstrade 1 the applicant and the beneficiary negotiate terms and conditions of the lc 2 the applicant applies to the issuing bank to issue the lc 3 the issuing bank Import export guide letter of credit

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