A Letter of Credit (LC) is an undertaking issued by the Bank (issuing Bank) for the account of th
Bank guarantees are written irrevocable undertakings issued by the Bank to pay the ben- eficiary
Short-term facility where the Bank offers to pay a discounted amount against the invoice face val
The Bank offers shipping finance to facilitate customers engaged in export and import trade. It c
Short-term credit facility offered to the supplier for the purpose of mobilizing resources and su
This is a financing technique where by the commodity/good are placed at the custody and control o
Under Documentary Collections, the Bank facilitates trading of goods between parties and collecti
This is term used to describe various financing techniques or even restructuring techniques. I.e.