Get Free Checker

How To Use Letter of credit In A Sentence

  • In 2001, the endowment would have dwindled to only $28.9 million, below the $35 million level the museum is required to maintain under the terms of a letter of credit collateralizing the bonds for the expansion.
  • SELLER issues 2% PB to activate buyer's Non transferable letter of credit as agreed on contract.
  • I have arranged for my branch to send a letter of credit to the branch nearest the hotel.
  • Uh - huh. He agreed to pay by Irrevocable Letter of Credit.
  • But as of this date, we still have not received your covering letter of credit.
Enhance Your English Writing Skills
Fix common errors and boost your confidence in every sentence.
Get started
for free
Enhance Your English Writing Skills
  • Uh - huh. He agreed to pay by Irrevocable Letter of Credit.
  • The project is being backed by a letter of credit from Lasalle Bank.
  • A confirmation to the letter of credit is added by the advising bank or by another bank intermediating in the transaction.
  • If he flunks the test, the letter of credit is dissolved.
  • So instead of carrying a letter of credit on a balance sheet, a creditor will securitize it and sell it on the open market.
  • I have arranged for my branch to send a letter of credit to the branch nearest the hotel.
  • The project is being backed by a letter of credit from Lasalle Bank.
  • A standard, commercial letter of credit is a document issued mostly by a financial institution, used primarily in trade finance, which usually provides an irrevocable payment undertaking.
  • He proposed that Grant send with each order a cheque for 30% of the order and a letter of credit for 50% of the order, cashable at what he referred to as the billing date.
  • The project is being backed by a letter of credit from Lasalle Bank.
  • Banker: There are two other modes. One is collocation; the other is letter of Credit LIC.
  • I know I shall immediately receive a letter of credit from you, and then, with what alacrity shall I begin the last journey, I trust I shall ever take; once again in the peaceful shelter of our dear cloyster; never, never more, shall my heart, or feet become wanderers. Agnes De-Courci: a Domestic Tale
  • The bank in Ecuador will instruct its agent bank in the United States to establish a letter of credit.
  • The Buyer provides within 3 working days a Non-Operative, Irrevocable, Non-transferable Usance 90-days After Sight DLC (Documentary Letter of Credit) for the Seller's bank approval.
  • A standard, commercial letter of credit is a document issued mostly by a financial institution, used primarily in trade finance, which usually provides an irrevocable payment undertaking.
  • I have arranged for my branch to send a letter of credit to the branch nearest the hotel.
  • an unconfirmed letter of credit
  • It grew from the traditional commercial letter of credit, and inherited the characteristics of the letter of credit, independence principle and strict compliance standard and so on.
  • The project is being backed by a letter of credit from Lasalle Bank.
  • The letter of credit is subject to the uniform customs and practice for documentary credits of the international chamber of commerce.
  • Export loan under mortgage of documents and negotiation are two kinds of financing methods under negotiation letter of credit.
  • This standby letter of credit is neither assignable nor transferable.
  • It seems to me that there must be cases when illegality can affect a letter of credit.
  • It is too subtle and not easily found, clearly listed in the letter of credit terms, there is no forgery or hide, and therefore did not constitute fraud.

Report a problem

Please indicate a type of error

Additional information (optional):