Purpose Of the Letter of Credit: Merchant Trade Guarantee Corporation Company Limited

Merchant_tradecorp27 Nov, 2021Business

The letter of credit is commonly used when you trade internationally. But nowadays it is also used for domestic trade. In contrast, a bank guarantee is commonly used for the fulfilment of business obligations. The bank will act as the guarantor to the beneficiary and meet the business requirements. For more information visit our website: edocr.com/v/x3v2g8vn/merchanttradecorp002/get-the-letter-of-credit-with-the-help-of-leading-