Money Articles

Ariticle Base

Distinction between letter of credit and standby letter of credit

December 29, 2012

Although they consist of the same phrase, yet letter of credit and standby letter of credit are different things. There are of course similarities between them as both are financial instruments for international transactions.

Read entire article on Ariticle Base
« Previous Article Next Article »

More From Money Articles

  • Coalition cuts mean families with children ?1,000 worse off than childless couples, warns Ed Miliband
  • Are you really saving with Tesco price cuts? Supermarket accused of duping shoppers by putting up prices before sale
  • Axe 'must fall on unfair gold-plated public sector pensions'
  • Best of Luxury

    Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
    View All Best of Luxury
    THINGS WE LIKE