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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   1621
 
money   10785
 
banking   1093
 
credit   5420
 
central   3068
 
terms   207
 
pay   1575
 
banker   121
 
letter   665
 
islamic   456
 
bd   165
 
customer   1148
 
certain   866
 
beneficiary   18
 
insurance   6135
 
person   1932
 
world   18214
 
retail   2844
 
given   810
 
undertaking   41
 
swift   239
 
related   3625
 
laid   65
 
imf   8
 
fulfillment   55
 
sum   53
 
conditions   1829
 
behalf   142
 
information   24914
 
ifc   8
 
news   15181
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Homepage links

Internal - 158
External - 2

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