A letter of credit is a letter from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase, the bank will be required to cover the full or remaining amount of the purchase.
12A, Lords Sinha Road, Shyam Kunj,
“Annapurna Building” 4th Floor, Suit 401A,
Oppo. Emami Market,
Kolkata - 700071, West Bengal.
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