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Translations for „letter of credit“ in the English » Polish Dictionary

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Monolingual examples (not verified by PONS Editors)

English
Delivery is required for 850 days from the opening of the letter of credit.
en.wikipedia.org
A letter of credit is issued by a financial institution or bank assuring payment to a seller of goods or services.
newsinfo.inquirer.net
There are in fact three different entities participating in the letter of credit transaction the seller, the buyer, and the banker.
en.wikipedia.org
The bank that issues the letter of credit often charges high interest rates, and transactions can take many days to process.
www.businessinsider.com
The developer is required to post about $10.2 million as a letter of credit to cover the costs of all the municipal services works.
www.madhunt.com
She said a $6 million bank letter of credit is not predicated on grants.
www.lfpress.com
They may also be required to post a letter of credit to cover at least part of the government's potential losses on failed schools' loans.
www.winchesterstar.com
Construction of the letter of credit instrument is paramount.
www.mondaq.com
Similarly, if between the buyer and seller money transfer via a letter of credit is agreed upon, it is necessary to assign a reputable inspection company.
en.wikipedia.org
The security can be in the form of a lien bond, letter of credit or certified cheque.
www.mondaq.com

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