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L / C (LETTER OF CREDIT) L /C is an undertaking given by a Bank on behalf of its customer to pay a certain sum of money to a certain person ( Beneficiary ) on the fulfillment of certain terms and conditions as laid down in the letter of credit.
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Updated: 03 Apr 2013
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Keyword analysis

 
bank   1628
 
money   10801
 
banking   1095
 
credit   5425
 
central   3078
 
terms   208
 
pay   1579
 
banker   121
 
letter   666
 
islamic   457
 
bd   172
 
customer   1161
 
certain   866
 
beneficiary   18
 
insurance   6138
 
person   1935
 
world   18241
 
retail   2849
 
given   810
 
undertaking   41
 
swift   239
 
related   3628
 
laid   65
 
imf   8
 
fulfillment   55
 
sum   53
 
conditions   1831
 
behalf   142
 
information   24928
 
ifc   8
 
news   15195
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Homepage links

Internal - 158
External - 2

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